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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 Confluence of: 50-week EMA Incline Support Previous Breakout Level Provisional range between 2050c and 2140c Previous Post (13 April) Some initial volatility + a base, but eventually a sharp rally! I am disappointed that my target was too conservative, however if you held on, then you are sitting on some massive gains. Depending on your entry, the gains are sitting between 80% and 85%. At current levels, it may be a good idea to take all or partial profits. Original Post Here: https://www.unum.capital/post/trade-alert-drd-gold Previous Post: Trading DRD Gold Some short term volatility, followed by a base. The share slipped below the stop before recovering. Now approaching the full target of 1970c. Tuesday 12 November 2024 Time: 09h25 Added as a buy idea on the CMS platform. Traded into the provisional buy re-entry range. Entry: 1722c Target: 1970c Stop-loss: 1615c Previous Post: Monday 11 November 2024 Time Published: Pre-Market Share Name: DRD Gold Share Code: DRD 3 Confluence levels To Monitor For A Potential Buy Re-Entry The blue range represents the following: The re-test of the previous downward trend line breakout The re-test of the inverse head and shoulder formation The rising 75-day EMA If the share's downward momentum slows down at this range and the price action improves, then we will consider a buy/long re-entry. Lester Davids Analyst: Unum Capital

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 Lester Davids Senior Investment Analyst: Unum Capital

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 Ref: Price Action Model Readings Lester Davids Senior Investment Analyst: Unum Capital

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 This is a ratio chart, showing a basket of miners (AGL, BHG, GLN, ARI and S32) vs banks (ABG, CPI, FSR, NED and SBK). Zooming out, the ratio is approaching a potentially key level on multi-year basis. If the ratio trades at or around this level, it would likely be approaching oversold on a multi-week and multi-month basis, which could offer an appealing reward-to-risk for traders looking to buy miners and sell banks. This chart is important. Don't ignore it. Lester Davids Senior Investment Analyst: Unum Capital

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 Lester Davids Senior Investment Analyst: Unum Capital

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 Telecommunications Sector Relative to the JSE Top 40 Index: Price Action Pointing To A Relative Change of Trend Comments on the slide below Lester Davids Senior Investment Analyst: Unum Capital

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. 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Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Despite the initial volatility, the ETF has rallied significantly, exceeding the upside targets of $50.89 and $53.87. Last night, the ETF traded above $11.00 Previous Post: ARK INNOVATION ETF: Here's Where It Triggers - Wednesday, 10 July 2024 With Tesla having rallied significantly, will ARKK follow? The short term structure appears healthy, with a trigger above $46.61. The upside targets are $50.89 and $53.87, with a stop-loss of $43.35. To trade, you will need an offshore account. Chart as of Tuesday evening 19h34 Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (Wednesday 18 June): Trading British American Tobacco: Overbought + Poor Buy/Long Reward-To-Risk Overall Trading Considerations for British American Tobacco (BTI): Strong but cautious short-term outlook:  The 14-day trend is "Very Bullish" with buyers in control. However, the 7-day trend is "Overbought," and the model advises not to chase the price, as a failure to hold highs could become a short/sell target. Slowing medium-term momentum:  The outlook for the next 2 to 4 weeks shows a strong upside move, but the momentum is slowing down as sellers become active. Unattractive long-term position:  For the long term (5 to 8 weeks), the model gives a clear warning: "Do Not Enter Long," stating that the risk-reward is unattractive. In summary, for BTI , the current view is bullish in the short term, but with a strong need for caution due to overbought conditions. This upward momentum is expected to slow in the medium term, and the long-term outlook is unfavorable for new long positions. The model points to a potential for continued short-term gains for the share price, but with increasing risk and a less attractive setup over the medium to long term. Previous Post (Friday 06 June) Here's a breakdown of the current price action: The 7-day trend is indicated as "High Bullish Momentum / Approaching Overbought," while the 14-day trend is "Very Bullish." Comparison : Both the short-term  (7-day) and slightly longer short-term  (14-day) trends indicate upward momentum ("High Bullish Momentum / Approaching Overbought" and "Very Bullish" respectively). This suggests a consistent buying pressure across these timeframes. The "Very Bullish" 14-day trend reinforces the "High Bullish Momentum / Approaching Overbought" 7-day trend, indicating that the recent strength is part of a broader upward movement, but with a note of approaching overbought conditions in the very short-term . Potential Trading Approach for BTI : Short Term (Approximately Next 1 to 10 Trading Days) : The model notes, "Very Strong Move Buyers In Control But Don't Chase-May Fail At Attempt To Hold The Highs-If It Doesn't Hold Then The 8-EMA May Be A Short/Sell Target." Approach : While there are very strong buyers in control, avoid simply chasing the price higher. Look for potential short-sell opportunities if the price fails to hold the highs, targeting a move back down to the 8-period Exponential Moving Average (EMA). Medium Term (Approximately Next 2 to 4 Weeks) : The model indicates "Very Strong Move Buyers In Control But Don't Chase-May Fail At Attempt To Hold The Highs-If It Doesn't Hold Then The 8-EMA May Be A Short/Sell Target." Approach : The medium term  suggests that the recent bullish activity is very strong, but with the same caution against chasing and a potential short/sell target at the 8-EMA if highs aren't held. This supports a bullish bias over the next few weeks but advises tactical entry. Long Term (Approximately Next 5 to 8 Weeks) : The model states, "Very Strong Move Buyers In Control But Don't Chase-May Fail At Attempt To Hold The Highs-If It Doesn't Hold Then The 8-EMA May Be A Short/Sell Target." Approach : The long-term  perspective indicates very strong buyer control, but it reiterates the same caution as the short  and medium terms : avoid chasing, and be aware that failure to hold highs could lead to a short/sell target at the 8-EMA. Overall Trading Considerations for BTI : Consistent bullish momentum: Both short  and slightly longer short-term  trends are bullish, supporting upward price action, with a note of approaching overbought conditions. Short-term  caution: Despite the buying pressure, the model advises against chasing and suggests looking for short-sell entries if highs are not held, with the 8-EMA as a potential target. Medium-term  and Long-term  consistency: Both medium  and long-term  outlooks echo the short-term  sentiment of very strong buyers but with the same critical caveat about not chasing and the potential for a retracement to the 8-EMA if highs aren't maintained. In summary, for BTI, the current view is bullish across short  to long terms , driven by very strong buyer control. However, traders should be cautious of potential overbought conditions in the very short-term  and the recurring warning across all timeframes to avoid chasing the price. Tactical short opportunities may arise if the stock fails to hold its highs, targeting the 8-EMA. Previous Post (04 April): Higher By 50% In 16 Months The extract below is from a note to clients on Wednesday, 06 December 2023 at 53198c, highlighting both a manual view (channel) as well as the price action model reading. Within just 16 month, the share has gained 51% and trades above R800, it's highest level since January 2018. This post is a continuation of the commentary on the share at various points over the 13 months (beginning December 2023). It highlights both the manual views and automated tool used to take advantage of opportunities on both the buy (long) and sell (short) side. The share currently trades at a 2-year high. Well done to clients who may have capitalized on these opportunities. At current levels, the model reading is as follows: Previous Post: A Useful Tool For Uncovering Opportunity & Assessing Reward-To-Risk: BTI As An Example Monday 25 November 2024 (Time: 11h04) Are you taking advantage of the tools provided? On the back of a the model reading on Friday 18 October (end of day) : "The reward-to-risk is becoming attractive for a small buy/long position", BTI has rallied from R600 to R680 Both the previous long and short side posts are shown below ( scroll down for the previous posts ) Below is the reading for Fri 18-October, as mentioned above: Previous Post: Get Ready To Trade: British American Tobacco Date: Monday, 07 October 2024 Time Published: Pre-Market Ticker: BTI My model called for a pullback from overbought conditions, citing an unattractive reward-to-risk on the buy/long side. Since then, the share has retreated from R690 to below R610 Next Best Probability Entry Range is shown below. Previous Post: Thursday, 05 September 2024 Real-Time: 14h00 Ticker: BTI Previous Post(s) Real-Time: 10h53 Ticker: BTI BTI has been a profitable medium term trading opportunity for clients of Unum Capital. At current levels, the high bullish momentum conditions benefit existing shareholders however, it may also be an opportunity to reduce into strength. As re-iterated on Monday, 29 April: As discussed in December: Lester Davids Analyst: Unum Capital