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- Mondi Plc | Strong Upside Follow Through From Re-Entry Buy Range; Now Attempting To Break Above 50-Week EMA
Research Notes For 07 to 11 July > https://www.unum.capital/post/r0711july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za MONDI Plc: THE SHARE REBOUND STRONGLY OFF OUR BUY RE-ENTRY RANGE OF R264-R270 (see yellow circled area). NOW, ANOTHER ATTEMPT TO BREAK THROUGH THE 50-WEEK EMA. The share has unsuccessfully attempted to break above it's 50-week EMA on several occasions. This time could be different, with the price action and candle structure reflecting buyers taking control. Upside target is the 200-week EMA at or around 31500c. Previous Post (13 May): Traded into the buy range (a low of R268 followed by a rebound to R290 as of yesterday's high). The current price action model reading is as follows: The slide below was featured in the report, 'The Sum of the Charts' (Monday, 28 April), highlighting the Mondi and preparing clients for a potential trading opportunity. Lester Davids Senior Investment Analyst: Unum Capital
- Breadth: Interpretation of Market Conditions
Research Notes For 07 to 11 July > https://www.unum.capital/post/r0711july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital
- JSE Relative Sector Ratings: Here's What's Leading/Lagging
Research Notes For 07 to 11 July > https://www.unum.capital/post/r0711july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital
- Spar Group: Short Term Cash Flow; Bullish Reversal Off Engulfing Candle
Research Notes For 07 to 11 July > https://www.unum.capital/post/r0711july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (24 June): Spar Group: Weak Trend But Positive Ultra Short Term Candle Structure Emerging Lester Davids Senior Investment Analyst: Unum Capital
- ☰ Research: 30 June - 04 July 2025
Thank you for your interest in our research. Our aim is to convey insights that help clients: (1) Manage Risks and (2) Uncover Opportunities. Year-to-date we have published over 1000 research notes that helps clients do just that. If you've been a consumer of our research but have not traded via the Unum Capital trading desk, why not consider making us your trading services provider? To open a trading account and/or move from your existing service provider, email tradingdesk@unum.co.za This page is updated daily, as and when key developments and opportunities are identified. Free Trading Kumba Iron Ore https://www.unum.capital/post/kiorbnd Free Market Risk Index: Short & Medium Term https://www.unum.capital/post/stsentobo Free +60 Shares Commentary (incl. AGL, GLN & TGA) https://www.unum.capital/post/ttggln Free Trading Sibanye Stillwater https://www.unum.capital/post/ssw200w Free Trading South 32: Running 19% https://www.unum.capital/post/sou32 Free Trading BHP Group https://www.unum.capital/post/bhpgc Free Trading Sasol https://www.unum.capital/post/solrbnd Free Global Idea: Linde Plc https://www.unum.capital/post/linidea Free Trading Glencore Plc: Running +12% https://www.unum.capital/post/glencrun Free Trading Kumba Iron Ore https://www.unum.capital/post/kioudt Free Global X Fintech ETF https://www.unum.capital/post/finxetf Free US Dollar Index/S&P 500 https://www.unum.capital/post/dxyoso Free Trading Nasdaq 100 (US100) https://www.unum.capital/post/nasobo Free Trading Clicks: Running +2600c https://www.unum.capital/post/clsrbd Free US10Y Bond Yield https://www.unum.capital/post/usteny Free Copper Futures https://www.unum.capital/post/cophg Free Global Idea: Boston Scientific (BSX) https://www.unum.capital/post/bsxrm Free Global Idea: iShares U.S. Medical Device ETF https://www.unum.capital/post/ihietf Free Moving Average Guide: Insurers https://www.unum.capital/post/mainsur Free +60 Shares Commentary (incl. WHL, GRT & WHL) https://www.unum.capital/post/ttggrt Free Trading Spot Gold https://www.unum.capital/post/xaunote Free CrowdStrike: 11 Months Later, Running +122% https://www.unum.capital/post/crwdstr Free Trading Naspers https://www.unum.capital/post/trnasprs Free Trading Prosus https://www.unum.capital/post/prxnv Free Global Idea: State Street (STT) https://www.unum.capital/post/statt Free Global Idea: Invesco Leisure & Ent ETF https://www.unum.capital/post/pejetf Free Global Idea: Viking Holdings https://www.unum.capital/post/vikhold Free US30: Bulish But Overbought Around Current Levels https://www.unum.capital/post/us30obo Free Reinet Investments: Target Exceeded https://www.unum.capital/post/rnitgt Free Market Risk Index: Short Term https://www.unum.capital/post/sntist Free Breadth/Internals: Interpretation of Market Conditions https://www.unum.capital/post/breadthi Free JSE Relative Sectors: What's Leading/Lagging https://www.unum.capital/post/jsellag Free JSE Top 40 Index https://www.unum.capital/post/40bearflag Free US Market Breadth: Comms Lead, Staples Lag https://www.unum.capital/post/usbdth Free Trading Impala Platinum https://www.unum.capital/post/impalst Free JSE Gold Miners: Technical Comparison https://www.unum.capital/post/goldtc Free DRD Gold: Buy Re-Entry Range https://www.unum.capital/post/drdgb Free Trading EUR/USD https://www.unum.capital/post/eurwobo Free Trading AngloGold Ashanti https://www.unum.capital/post/ang21w Free African Rainbow Minerals https://www.unum.capital/post/rainbwm Free Trading Redefine Properties https://www.unum.capital/post/rdfpro Free MA Guide: $WBC, $CPI, $KIO, $VAL & More https://www.unum.capital/post/magwbc Free JSE Food Retailers https://www.unum.capital/post/fdretail Free The Big Fives: Miners vs Banks https://www.unum.capital/post/bgfive Free MTN Group https://www.unum.capital/post/mtnstrong Free JSE Telecoms: 18-Month Relative High https://www.unum.capital/post/telcorh Free Global Idea: Carr Carrier Global https://www.unum.capital/post/carrg Free Factor & Style Analysis https://www.unum.capital/post/usfctr Visit us daily at: https://www.unum.capital/blog Archive: Year-To-Date 23 June to 27 June https://www.unum.capital/post/r2327june 16 June to 20 June https://www.unum.capital/post/r1620june 09 June to 13 June https://www.unum.capital/post/r0913june 02 June to 06 June https://www.unum.capital/post/r0206june 26 May to 30 May https://www.unum.capital/post/r2630may 19 May to 23 May https://www.unum.capital/post/r1923may 12 May to 16 May https://www.unum.capital/post/research-12-16-may-2025 05 May to 09 May https://www.unum.capital/post/research-05-09-may-2025 28 April to 02 May https://www.unum.capital/post/research-28-april-02-may-2025 21 April to 25 April https://www.unum.capital/post/212504 14 April to 18 April https://www.unum.capital/post/research-14-18-april-2025 07 April to 11 April https://www.unum.capital/post/research-07-11-april-2025 31 March to 04 April https://www.unum.capital/post/research-31-march-04-april-2025 24 March to 28 March https://www.unum.capital/post/research-24-28-march-2025 17 March to 21 March https://www.unum.capital/post/research-17-21-march-2025 10 March to 14 March https://www.unum.capital/post/research-10-14-march-2025 02 January to 07 March https://www.unum.capital/post/latest-research-january-2025 Lester Davids Senior Investment Analyst: Unum Capital
- Kumba Iron Ore: Strong Rebound Off Buy Trigger; R274 to R308
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Trading Kumba Iron Ore (18 June): High Bearish Momentum, But Early Buy/Long Trigger On Lower Time Frame High Bearish Momentum, But Early Buy/Long Trigger On Lower Time Frame Lester Davids Senior Investment Analyst: Unum Capital
- Market Risk Index: Short Term Bullish But Has Entered Overbought Levels While Medium Term Is Approaching Overbought
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (09 April): Market Risk Index: The Weekly Reading Is Worth Noting! *Weekly Time Frame* - Current *Monthly Time Frame* - Current The indicator is a custom-built risk and sentiment index, designed to assess market risk appetite, including whether sentiment is at an extreme position (i.e. excessively bullish or excessively bearish). Components: Copper: Copper often serves as a proxy for global economic activity. A decline in copper prices could signal slowing economic growth, increasing risk. High Beta vs Low Beta: High beta stocks tend to be more volatile than low beta stocks. A widening spread between high and low beta returns might indicate increased risk aversion. Growth vs Value: Growth stocks typically outperform value stocks in bull markets. A shift towards value stocks could suggest investors are becoming more cautious. EM Currencies: Emerging market currencies can be sensitive to risk appetite. A weakening of EM currencies could signal increased risk aversion. AUD/USD: The Australian Dollar is often used as a proxy for global risk sentiment. A decline in AUD/USD could indicate increased risk aversion. Consumer Staples vs Consumer Discretionary: Consumer staples are generally considered defensive assets. A shift towards consumer staples could suggest investors are seeking safety. Semiconductors vs S&P 500: The semiconductor sector is cyclical and sensitive to economic downturns. Underperformance of semiconductors relative to the broader market could signal increased risk. Russell 2000 ETF: This ETF tracks small-cap stocks, which are generally considered riskier than large-cap stocks. Underperformance of the Russell 2000 could suggest increased risk aversion. U.S. Dollar Index (Inverse): A strengthening US Dollar often signals a flight to safety, suggesting increased risk aversion.
- +60 Shares Commentary (incl. AGL, GLN & TGA)
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Click on the image to enlarge. Readings as of the close of trade on Wednesday 02 July. These are subject to change as the price action develops. Short Term (approximately 1 to 10 days) Medium Term (approximately 2 to 4 weeks) Long Term (approximately 5 to 8 weeks) Lester Davids Senior Investment Analyst: Unum Capital
- Sibanye Stillwater: The share faces potential resistance into it's declining 200-week simple moving average. The candle structure is strong, which...
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za The share faces potential resistance into it's declining 200-week simple moving average. The candle structure is strong, which increases the potential upside continuation over the medium term. A possibility is an upside overshoot of the 200-week SMA, with 3600c-3900c as the next best resistance range. Lester Davids Senior Investment Analyst: Unum Capital
- Trading South 32: Running +19%
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za We have seen a strong rebound (+19%)%. The bullish reversal is also in line with the model reading at the time (scroll down to view). Chart is current (Wednesday, 02 July at 12h43). Previous Post: (Tuesday 08 April at 11h12): Trading South 32 South 32 Zooming In on the 2-day candle structure which reflects early buying interest out of a deeply oversold range. Price Action Model Reading South 32 (S32) | Zooming out, highlighting the share trading at/near a long term inflection point.
- BHP Group: Generating Short Term Cash Flow, Rebounding +5%
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (21 June): Trading BHP Group: Contrarian Opportunity? High Bearish Momentum + Approaching Oversold Lester Davids Senior Investment Analyst: Unum Capital
- Generating Short Term Cash Flow: Sasol's 7% Rebound Is In Line With The Price Action Model
Research Notes For 30 June to 04 July > https://www.unum.capital/post/r3004july Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Previous Post (24 June) Trading Sasol: Further Pullback (-16%) Following Overbought Conditions & Resistance Into It's 50-Week EMA Updated Chart Shown Below. As discussed on Thursday 19 June: 'Trading Sasol: Short Term Overbought (50-Week Resistance)'. The current price action model reading is as follows: Previous Post (Thursday 19 June): Trading Sasol: Short Term Overbought (50-Week Resistance) + Price Action Probabilities Lester Davids Senior Investment Analyst: Unum Capital












