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Trade   Shoprite Holdings (SHP) with Unum Capital. To get started, email   lester@unum.co.za While the short term is starting to signal oversold readings, it's also worth zooming out to notice the bearish MACD Crossover and 5-year incline support being breached. SHP Monthly Chart as of Thursday 03 April 2025 at 20h17 Previous Post: Shoprite: Marked Down - Tuesday, 03 September 2024 Real-Time: 10h38 Ticker: SHP The +31400c level was 'penciled in' as a level to monitor for an entry on the short/sell side. This is where sellers stepped in, from which have seen a sell-off down to 29542c at today's low (thus far). The group's earnings release has acted as a catalyst for the selling pressure. My original view is shown below: Previous Post: (01 August) : Overbought Near Key Inflection Points Real-Time: 10h38 Shoprite Holdings (SHP) ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: A price action probability for the given time frame. Three (3) ‘trading’ time frames are considered: Short Term (1 to 10 days) / Medium Term (2 to 4 weeks) and Long Term (5 to 8 weeks) Whether the reward-to-risk is attractive for a buy/long position Whether a share is weak. In this case, wait until the price stabilizes before looking to enter (i.e. want until it stops going down) Whether aggressive buying is underway. In this case, do not ‘chase’ (do not buy) but instead wait for a pullback to re-enter a buy or an overextension with deteriorating candle structure to sell/short. Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase or before continuing it’s bullish or bearish trend Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias.

Trade   JSE Shares   with Unum Capital. To get started, email   lester@unum.co.za *Data as of Friday, 04 April (pre-market). Key Takeaways: Technology  is the strongest sector, showing consistent bullish momentum across all timeframes. Gold Miners  are consistently overbought, indicating a potential sell opportunity. Many sectors (Miners, Banks, Insurers, Consumer Staples, Consumer Discretionary, Healthcare, Paper & Pulp, Chemicals)  exhibit short-term oversold conditions , which could lead to temporary bounces. However, the overarching trend in most of these sectors is bearish. Telecoms  show long-term strength but have a neutral short-term outlook. Luxury Goods  are neutral across all timeframes, indicating a lack of clear direction. Legend Interpretation: Strong:  Generally a buy signal. Neutral:  Hold, or be cautious. Weak:  Generally a sell signal. High Bearish Momentum/Approaching Oversold:  Potential for a short-term bounce or reversal, but still bearish overall. Consider buying cautiously for short-term gains, but be aware of the overall weakness. High Bullish Momentum/Approaching Overbought:  Potential for a pullback or correction. Consider selling or taking profits, as the bullish momentum might not be sustainable. Oversold:  Potential for a short-term bounce or reversal. Consider buying for short-term gains. Overbought:  Potential for a pullback or correction. Consider selling or taking profits. JSE Sector Analysis: 1. Technology vs Top 40 Short Term:  Strong (Buy) Medium Term:  Strong (Buy) Long Term:  Strong (Buy) Overall:   Strong Buy.  Consistent strength across all timeframes. This sector is exhibiting clear bullish momentum and is a strong candidate for investment. 2. Miners vs Top 40 Short Term:  Weak (Sell) Medium Term:  Oversold (Potential Buy for Short-Term Bounce) Long Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Overall:   Weak with Short-Term Bounce Potential.  While long and medium terms suggest potential for a bounce due to oversold conditions, the short-term weakness indicates caution. Consider short-term trades only if you see confirmation of a reversal. 3. Banks vs Top 40 Short Term:  Oversold (Potential Buy for Short-Term Bounce) Medium Term:  Weak (Sell) Long Term:  Weak (Sell) Overall:   Weak with Short-Term Bounce Potential.  Similar to Miners, the oversold short-term condition might offer a brief trading opportunity, but the overall trend is bearish. 4. Insurers vs Top 40 Short Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Medium Term:  Weak (Sell) Long Term:  Neutral (Hold/Cautious) Overall:   Weak with Short-Term Bounce Potential.  Again, the short-term oversold condition might offer a trade, but the medium-term weakness and neutral long-term outlook suggest caution. 5. Gold Miners vs Top 40 Short Term:  Overbought (Sell) Medium Term:  Overbought (Sell) Long Term:  High Bullish Momentum/Approaching Overbought (Potential Sell) Overall:   Sell.  The sector is consistently overbought across all timeframes, indicating a high risk of a pullback or correction. It's advisable to take profits or avoid this sector. 6. Platinum Miners vs Top 40 Short Term:  Weak (Sell) Medium Term:  Neutral (Hold/Cautious) Long Term:  Neutral (Hold/Cautious) Overall:   Weak.  The short-term weakness is the dominant factor. The neutral medium and long terms don't offer enough support to counteract the bearish short-term signal. 7. Consumer Staples vs Top 40 Short Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Medium Term:  Oversold (Potential Buy for Short-Term Bounce) Long Term:  Weak (Sell) Overall:   Weak with Short-Term Bounce Potential.  The short and medium terms suggest a possible bounce, but the long-term weakness indicates a need for caution. 8. Consumer Disc. vs Top 40 Short Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Medium Term:  Oversold (Potential Buy for Short-Term Bounce) Long Term:  Weak (Sell) Overall:   Weak with Short-Term Bounce Potential.  Similar to Consumer Staples, the short-term oversold conditions might provide trading opportunities, but the long-term weakness is a concern. 9. Healthcare vs Top 40 Short Term:  Weak (Sell) Medium Term:  Oversold (Potential Buy for Short-Term Bounce) Long Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Overall:   Weak with Short-Term Bounce Potential.  The short-term weakness is the primary concern. The oversold conditions in the medium and long term might offer a temporary reprieve, but the overall trend is bearish. 10. Hospitals vs Top 40 Short Term:  Weak (Sell) Medium Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Long Term:  Weak (Sell) Overall:   Weak.  The short and long-term weakness outweigh the potential for a bounce in the medium term. 11. Coal Miners vs Top 40 Short Term:  Weak (Sell) Medium Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Long Term:  Weak (Sell) Overall:   Weak.  Similar to Hospitals, the short and long-term weakness dominate. 12. Telecoms vs Top 40 Short Term:  Neutral (Hold/Cautious) Medium Term:  Strong (Buy) Long Term:  Strong (Buy) Overall:   Neutral with Long-Term Strength.  While the short-term is neutral, the strong medium and long-term outlook suggests potential for growth. However, the short-term neutrality warrants careful monitoring. 13. Paper & Pulp vs Top 40 Short Term:  Oversold (Potential Buy for Short-Term Bounce) Medium Term:  High Bearish Momentum/Approaching Oversold (Potential Buy for Short-Term Bounce) Long Term:  Oversold (Potential Buy for Short-Term Bounce) Overall:   Potential for Short-Term Bounce.  All timeframes indicate oversold conditions, suggesting a potential bounce. However, the lack of strong bullish signals means this should be considered a short-term trade only. 14. Chemicals vs Top 40 Short Term:  Weak (Sell) Medium Term:  Weak (Sell) Long Term:  Oversold (Potential Buy for Short-Term Bounce) Overall:   Weak with Potential for Short-Term Bounce.  The short and medium-term weakness is concerning. The long-term oversold condition might offer a trading opportunity, but the overall trend is bearish. 15. Luxury Goods vs Top 40 Short Term:  Neutral (Hold/Cautious) Medium Term:  Neutral (Hold/Cautious) Long Term:  Neutral (Hold/Cautious) Overall:   Neutral.  This sector shows no clear directional bias. It's best to hold or avoid until a clearer trend emerges. Lester Davids Analyst: Unum Capital

Access Global Markets  with Unum Capital. To get started, e-mail lester@unum.co.za On 11 February our research focused on the early strength in U.S. Consumer Staples with the comment being as follows: "Relative strength in consumer staples may be an early signal that investors are rotating into low volatility names and out of high beta names. This is generally seen as a negative for the broader market." Data as of Thursday 03 April at 16h45 - Both the Consumer Staples and Utilities sectors holding up today + both are the best sectors over a 5-day period!!! Staples discussed here: https://www.unum.capital/post/iyk-etf Utilities discussed here: https://www.unum.capital/post/jxialpha Previous Post (11 February): Worth Noting: Early Strength In Consumer Staples Relative strength in consumer staples may be an early signal that investors are rotating into low volatility names and out of high beta names. This is generally seen as a negative for the broader market. Tonight's sector performance: Lester Davids Analyst: Unum Capital

Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Thursday 03 April 2025 at 14h13 Lester Davids Analyst: Unum Capital

Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Thursday 03 April 2025 at 14h15 Lester Davids Analyst: Unum Capital

Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Thursday 03 April 2025 at 14h06 Lester Davids Analyst: Unum Capital

Trade Woolworths   with Unum Capital. To get started, email lester@unum.co.za Today (Thursday 03 April) Woolworths traded below R50 for the first time since April 2021. At it's most recent peak, it traded above R81 in July 2023. The slide below is an extract from our note on Monday 14 August 2023 in which we discussed the downside risk as the share trade well in excess of it's 200-week SMA. Woolworths chart as of Thursday 03 April 2025 at 14h38. Lester Davids Analyst: Unum Capital

Trade the Top 40 Index with Unum Capital. To get started, email lester@unum.co.za Our initial view considered the rising trend line resistance as an inflection point for the index i.e. a potential resistance zone within the upward trend. The price did not trade into that level but has instead rolled over earlier than expected, with the selling pressure now evident by the large intraday decline. The index has shifted to below the 50-day however remains above the 75-day EMA for now. (Comment as of Thursday 03 April at 13h52). See the previous post below: Previous Post (Thursday 20 March at 14h44): Trading Top 40: Have You Considered This Angle? The upper boundary of the channel represents a potential medium term resistance range (i.e. a level at which the price could trade into, then consolidate. If it becomes overbought on a weekly basis, this could coincide with the potential for a retracement. Lester Davids Analyst: Unum Capital

Trade   Local & Global Instruments with Unum Capital. To get started, email   lester@unum.co.za Lester Davids Analyst: Unum Capital

Move your trading account to Unum Capital today   by e-mailing   lester@unum.co.za Amidst The Volatility, There Are Opportunities For Traders To Get In, Get Out and Get Paid. Can we catch them all? No. For example TRUWORTHS breached my stop-loss level after failing to rebound. That idea is now closed. 🟥 My update on TRU here: https://www.unum.capital/post/trusl Among others , where have some of the opportunities been? 🟩 IMPALA PLATINUM generating cash flow for short term traders. Link > https://www.unum.capital/post/impdaytwo 🟩 CAPITEC BANK generating cash flow for short term traders. Link > https://www.unum.capital/post/capitec16 🟩 MTN GROUP generating cash flow for short term traders. Link > https://www.unum.capital/post/mtneleven Link to all of this week's notes as follows: https://www.unum.capital/post/research-31-march-04-april-2025 Lester Davids Analyst: Unum Capital

Trade   Capitec Bank   with Unum Capital. To get started, email   lester@unum.co.za The move is in line with the price action model at the time, which warned traders to avoid chasing and looked for a potential failure to hold the prior session/range highs. Most recently we also discussed CPI in the note: 2 Risk, 2 Opportunities. The link is as follows: https://www.unum.capital/post/cpi-two The current chart, reflecting a 16% decline from the last note is shown below. Previous Post (Thursday 27 March) Trading Note: Capitec Bank Lester Davids Analyst: Unum Capital

Trade   Local & Global Financial Markets with Unum Capital. To get started, email   lester@unum.co.za For the active trader, looking to generate cash flow, there's always opportunity. A as noted 11570c to 11665c was a range. Get In. Get Out. Get Paid. Trading Note (published after market close on 01 April): Impala Platinum IMP in a strong upward trend however note the bearish engulfing candle i.e. outside bar which may be signaling the potential start of a short term loss of momentum. Closed below the 8-day EMA for the first time since 04 March. Both the 21-day EMA and 50-day EMA continues to trend higher while the 21-day EMA is above the 50-day EMA (positive). On an intraday basis, my best probability range for buyers to step in is at the 21-day EMA. Say, 11570c to 11665c . These levels are subject to change based on the subsequent price action and news flow. Ultra Short Term: The 21-day EMA (at or just below) is a range to watch. Short Term: The 50-day EMA/75-day EMA is a level of interest should a deeper pullback occur. Preferred Strategies & Setups To Generate Cash Flow (Click To Enlarge) Lester Davids Analyst: Unum Capital