Search this site

Trade   Local & Global Financial Markets with Unum Capital. To get started, email   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

Trade JSE Shares  with Unum Capital. To get started, email lester@unum.co.za Click on the image to enlarge. Readings as of the close of trade on Tuesday 01 April. These are subject to change as the price action develops. Short Term (approximately 1 to 10 days) Medium Term (approximately 2 to 4 weeks) 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 the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and 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. SHOULD YOU URGENTLY REQUIRE A READING FOR THE LONG TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA Lester Davids Analyst: Unum Capital (Data as of end of day Friday 28 March 2025)

If You Bought Thungela Resources, Here's How Much Profit You Would Have Made Extreme price movements always catch our attention. They're either signaling risk or opportunity. As we continuously monitor the market for trading opportunities (as well to communicate key info), we run shares through the price action guide to assess reward-to-risk and uncover clues for the next potential move. Take Thungela Resources for example. The aggressive sell-off has been noticeable for several days, with the share heading toward the psychological R100 level. Just after midday (12h19), at a price of 9979c, we 'took the temperature' by inserting the numbers into the model. The result? A 'buy reading' on both the short term and medium term time frame. Within the span of 4 1/2 hours, the share rallied from 9979c to a high of 10407c. Think about this, if you bought 500 shares between say, 9979c and 10000c and sold them later in the afternoon at a higher price between 10350c and 10400c (accounting for a 370c gain per share), you would have made a profit of R1850 before costs. That's R1850 in just over 4 hours! For some traders, R1850 is 'nothing' . For others, R1850 is a contribution to a deposit on ...... Well done to clients who may have recognized this move and participated. Previous Post: Although the long term chart is in a downward trend, the price action model is signaling the probability of an ultra short term rebound. Unlock The Stock By Move Your Trading and Investment Account To Unum Capital. To get started, email   lester@unum.co.za

Access Global Shares  with Unum Capital. To get started, email lester@unum.co.za Previous Post: Altria: Playing Defense + Share $1bn Share Buyback Tobacco group Altria has quickly recovered from it's post-earnings drop and is potentially setting up for further upside as well as a continuation of it's gradual upward trend. Most recently the group reported it's Q4 and full year earnings while announcing a new $1bn share repurchase program. “2024 was another pivotal year for Altria, headlined by meaningful progress toward our Vision, strong financial results and significant cash returns to shareholders,” said Billy Gifford, Altria’s Chief Executive Officer. “Our companies’ leading brands and talented teams enabled our core tobacco businesses to deliver solid income growth and margin expansion, while we strategically invested in our future.” “We expect to deliver 2025 full-year adjusted diluted EPS in a range of $5.22 to $5.37. This range represents an adjusted diluted EPS growth rate of 2% to 5% from a base of $5.12 in 2024.” Traders could consider this share as part of a broader, diversified portfolio. Lester Davids Analyst: Unum Capital

Access Global Shares  with Unum Capital. To get started, email lester@unum.co.za Previous Post: Altria: Playing Defense + Share $1bn Share Buyback Tobacco group Altria has quickly recovered from it's post-earnings drop and is potentially setting up for further upside as well as a continuation of it's gradual upward trend. Most recently the group reported it's Q4 and full year earnings while announcing a new $1bn share repurchase program. “2024 was another pivotal year for Altria, headlined by meaningful progress toward our Vision, strong financial results and significant cash returns to shareholders,” said Billy Gifford, Altria’s Chief Executive Officer. “Our companies’ leading brands and talented teams enabled our core tobacco businesses to deliver solid income growth and margin expansion, while we strategically invested in our future.” “We expect to deliver 2025 full-year adjusted diluted EPS in a range of $5.22 to $5.37. This range represents an adjusted diluted EPS growth rate of 2% to 5% from a base of $5.12 in 2024.” Traders could consider this share as part of a broader, diversified portfolio. Lester Davids Analyst: Unum Capital

Analyst's Disclosure: This graphic was summarize using an A.I tool. Market Breadth Analysis of JSE Mid & Large Caps (April 1, 2025) The graphic depicts the short-term trend rating of the 100 constituents of the JSE Mid & Large Caps index. It categorizes these stocks into seven distinct trend categories, providing insights into the overall market sentiment and potential future movements. Key Observations: Neutrality Dominates:  The largest group of constituents (34 out of 100) are classified as "Neutral." This suggests a lack of strong directional conviction in the market, with a significant portion of stocks showing neither bullish nor bearish trends. Bearish Sentiment Prevails:  When we combine the "Weak," "High Bearish Momentum/Approaching Oversold," and "Oversold" categories, we find a total of 32 stocks exhibiting bearish trends. This indicates that a substantial portion of the market is experiencing downward pressure. Bullish Sentiment is Present but Not Dominant:  The "Strong," "High Bullish Momentum/Approaching Overbought," and "Overbought" categories together account for 12 stocks showing bullish trends. This may represent a potentially fragile bullish sentiment. Oversold and Overbought Extremes are Limited:  Only 1 stock is classified as "Oversold" and 6 as "Overbought." This suggests that while there are pockets of extreme price movements, they are not widespread. Interpretation of Market Conditions: The market appears to be in a state of indecision or consolidation , with a high degree of neutrality. While there is a notable presence of bullish sentiment, it's nearly matched by bearish sentiment, indicating a lack of clear market direction. Potential Implications: Increased Volatility:  The balance between bullish and bearish forces, coupled with the high level of neutrality, could lead to increased volatility in the short term. Potential for Trend Reversal:  The significant number of stocks exhibiting bearish momentum suggests a potential for a broader market correction if the bearish sentiment intensifies. Selective Stock Picking:  In a market with mixed signals, careful stock selection becomes crucial. Identifying stocks with strong fundamentals and positive catalysts, regardless of the overall market trend, could be a successful strategy. Monitoring for Breakouts:  The high number of neutral stocks suggests that breakouts in either direction could lead to significant price movements. Traders should closely monitor these stocks for potential opportunities. Overall, the data suggests a cautious outlook for the JSE Mid & Large Caps index in the short term. The market is not clearly bullish or bearish, and traders should be prepared for potential volatility and price swings. Lester Davids Analyst: Unum Capital

Although the long term chart is in a downward trend, the price action model is signaling the probability of an ultra short term rebound. Unlock The Stock By Move Your Trading and Investment Account To Unum Capital. To get started, email   lester@unum.co.za

This is one note that will be added to throughout the session as and when key developments are identified. Coverage (Thus Far) Anglo American Plc BHP Group Anglo American Plc (AGL) BHP Group (BHG)

You don't want to miss the next trade. Move your trading and investment account to Unum Capital for a more personalized experience, with direct access to our research and trading desk. To find our what we have to offered, email lester@unum.co.za The share is now running +52% from our 28-February note: " Long Term Cycle Ready To Unfold? ". The original note can be accessed at the following link: https://www.unum.capital/post/ssw-long-term Previous Post: Update: Sibanye Running +26% | Northam Running +30% Originally published and discussed here ('Long Term Cycle Ready To Unfold'): https://www.unum.capital/post/ssw-long-term Updated/Current Chart: It's also worth noting that the price action model gave us a 'heads up' that the share was becoming attractive for a small buy/long position. (Time-stamped for end of 27 February. Actually low was the following session Friday 28 February). Northam Platinum - exact same as SSW - running +30% Previous Post: Unum Capital Clients Benefit From Top Weekly Performers Out of the 101 local shares on my watchlist, NPH, IMP, SSW and ARI were the top performers (as of 11h15 on Friday morning). All four (4) were timeously discussed and highlighted in our research . Impala Platinum, Northam Platinum & Sibanye Stillwater https://www.unum.capital/post/plat-shares-gain Sibanye Stillwater (Single Post) https://www.unum.capital/post/sibanye-gain African Rainbow Minerals https://www.unum.capital/post/afrirain-cash 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

Here's A Question: Do you think these are the kinds of opportunities that would add value to your trading? If yes, move your account to Unum Capital by getting in touch with me today: lester@unum.co.za Note as of 21h18, Monday 31 March 2025. It's just under 45 minutes to the U.S market close and the indices have put in a nice rally off the lows of the day. This might seem rare, but I must admit, today I became too busy watching the market to create a new post with the real-time data shown below: (Don't worry, we haven't left you hanging as we've published a ton to kick off the week: https://www.unum.capital/post/research-31-march-04-april-2025 ) As you'll see, the price action guide for the S&P 500, the Nasdaq and the Dow Jones Industrial Average was taken between 15h37 and 15h40. Since then buyers stepped in and overwhelmed sellers for much of the day. The data showed the following: S&P 500 5-min Chart Dow Jones Industrial Average Price Action Model as of 15h38, Monday 31 March Nasdaq Price Action Model as of 15h36, Monday 31 March Are these the kinds of opportunities that you would like to have access to? If yes, move your account to Unum Capital by getting in touch with me today. lester@unum.co.za Lester Davids Analyst: Unum Capital

Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Ranked by most oversold Screen as of today's close (Monday, 31 March) Lester Davids Analyst: Unum Capital