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  • SPDR Oil & Gas Exploration ETF Running +11%

    Trade   Global ETFs   with Unum Capital. To get started, email   lester@unum.co.za High of $134.07 in this U.S last night. Previous Post (06 March): Trade Idea: Buy SPDR S&P Oil & Gas Exploration ETF Code: XOP Text as per the image below: HIGH RISK BUY IDEA therefore small-than-average position sizes may apply. The ETF has been sold off aggressively and is currently in an oversold range as well as approaching the prior swing lows. This may be a RANGE to starting building a buy/long position with the expectation that a base can be developed over the near term followed by a potential bullish reversal from the neutral or oversold conditions. Traders can consider starting an accumulation phase at current levels or lower (possibly with a 1/4 of the position and add if/when it trades lower). As always, traders could consider the following if/when the prices approaches the target: bank/take profit, partially scale out, adjust the stop-loss to protect profits. Time stop: 06 October 2025 Trading Levels Suggested Entry: $119.73 or better/lower Target: $142.00 Stop-loss: $102.00 XOP ETF Model Reading as of 21h01 (Thursday 06 March 2025) Lester Davids Analyst: Unum Capital

  • x12 Shares: High Bullish Momentum / Approaching Overbought (Daily Time Frame)

    Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Wednesday 19 march 2025 (End of day) Lester Davids Analyst: Unum Capital

  • Trading Standard Bank | Woolworths | Sibanye Stillwater

    Trade   JSE Shares   with Unum Capital. To get started, email   lester@unum.co.za From the current position, the price action model reflects the following for the following shares: Sibanye Stillwater Standard Bank Woolworths

  • Trading Pepkor: Long, Short & Long Again

    Trade Pepkor  with Unum Capital. To get started, e-mail lester@unum.co.za Not too early, not too late. In the 10 trading days leading up to the recent bottom (excluding the day of the swing low), the 1st buy reading came on Monday 10 March. This meant that traders had two (2) days to initiate a position. Previous Post: Our Research, Your Opportunity: Assessing Reward-To-Risk (Pepkor) The price action mode below is from the note on 04 December in which Pepkor was highlighted and where the 3 time frames assisted traders in assessing the reward-to-risk. The share traded higher, giving traders an opportunity to build a position, which has been followed by a retracement to a 3 1/2 month low. * Pepkor was also previously featured as a buy/long idea ( https://www.unum.capital/post/pepkor-measured-move-target-exceeded-now-33-higher ) Previous Post: MODEL READINGS WORTH NOTING Aspen, Anglo American, Glencore, Impala Platinum, Pepkor Wednesday 04 December 2024 (Time: Pre-Market) ABOUT THE TACTICAL TRADING GUIDE: Lester Davids Analyst: Unum Capital

  • x12 Shares: High Bullish Momentum / Approaching Overbought (Daily Time Frame)

    Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Wednesday 19 march 2025 (End of day) Lester Davids Analyst: Unum Capital

  • Trading Mr. Price: Capitalizing On Potentials Overreactions

    Trade   Mr. Price & JSE Shares   with Unum Capital. To get started, email   lester@unum.co.za (In addition to Mr. Price, I have also discussed Dis-Chem and TFG as shares that have pulled back to levels of interest - links as follows: DCP https://www.unum.capital/post/dcp-trade & TFG https://www.unum.capital/post/tfg-idea My disclosure, upfront: My preference is for horizontal trend lines over diagonal ones. That being said, it's worth noting that the MRP, along with other South Africa-focused shares have retreated sharply since peaking in late Q3/early Q4 of 2024. The pullback is understandable as the several constituents became excessively overbought on a medium term basis, and did not offer favourable reward-to-risk on the buy/long side. The risks of loadshedding as well as the concerns around the economy (and budget) have contributed to the selling pressure in these shares. In recent weeks, several constituents have entered high bearish momentum regimes, while also approaching oversold levels. Naturally, these have been accompanied by early buy readings on the price action model (Tactical Trading Guide) which are used to alert and prepare traders for opportunity. MRP is approaching the September swing low as well as the rising trend. Now, I am not saying that the incline support will hold. In fact there is a strong possibility for an overshoot on the downside however, a further push in oversold could create a real-time opportunity for the 'fast-fingered' trader. This extra selling pressure could occur on any negative news and overreaction to tomorrow's (12 March) budget. Provisionally, R218 to R222 is a first 'level of interest' to accumulate for a rebound back to R236 to R240. Stay flexible as these levels are subject to change in a real-time environment. Previous Post: Mr. Price's Model Reading Points To Unfavorable Reward-To-Risk Thursday 12 December 2024 (Time: Pre-Market) MRP Mr. Price Group Last week's price action/model readings warned against fresh longs at/around current levels. Additional notes on the slide below Lester Davids Analyst: Unum Capital

  • Trading Mr. Price

    Trade   Mr. Price & JSE Shares   with Unum Capital. To get started, email   lester@unum.co.za 'Strong Rebound Off Trend Line + In Line With Price Action Model Reading' We discussed MRP in two posts: (1) the one below ( Trading Mr. Price: Capitalizing On Potentials Overreactions) and (2) MRP, TFG and WHL. We have seen a print into the trend line, with a strong rebound today while the share's rebound is in line with the price action model reading that recognized the reward-to-risk being attractive for a small buy long position. The time-stamped reading (as shown in the original post), is featured again below: Original Notes as follows: https://www.unum.capital/post/foschini-npeers https://www.unum.capital/post/mrp-overreact Today's move, thus far. Previous Post (11 March, End of Day): Trading Mr. Price: Capitalizing On Potentials Overreactions (In addition to Mr. Price, I have also discussed Dis-Chem and TFG as shares that have pulled back to levels of interest - links as follows: DCP https://www.unum.capital/post/dcp-trade & TFG https://www.unum.capital/post/tfg-idea My disclosure, upfront: My preference is for horizontal trend lines over diagonal ones. That being said, it's worth noting that the MRP, along with other South Africa-focused shares have retreated sharply since peaking in late Q3/early Q4 of 2024. The pullback is understandable as the several constituents became excessively overbought on a medium term basis, and did not offer favourable reward-to-risk on the buy/long side. The risks of loadshedding as well as the concerns around the economy (and budget) have contributed to the selling pressure in these shares. In recent weeks, several constituents have entered high bearish momentum regimes, while also approaching oversold levels. Naturally, these have been accompanied by early buy readings on the price action model (Tactical Trading Guide) which are used to alert and prepare traders for opportunity. MRP is approaching the September swing low as well as the rising trend. Now, I am not saying that the incline support will hold. In fact there is a strong possibility for an overshoot on the downside however, a further push in oversold could create a real-time opportunity for the 'fast-fingered' trader. This extra selling pressure could occur on any negative news and overreaction to tomorrow's (12 March) budget. Provisionally, R218 to R222 is a first 'level of interest' to accumulate for a rebound back to R236 to R240. Stay flexible as these levels are subject to change in a real-time environment. Previous Post: Mr. Price's Model Reading Points To Unfavorable Reward-To-Risk Thursday 12 December 2024 (Time: Pre-Market) MRP Mr. Price Group Last week's price action/model readings warned against fresh longs at/around current levels. Additional notes on the slide below Lester Davids Analyst: Unum Capital

  • Trading DRD Gold: Running 50% to 55% & Exceeding Price Target

    Trade   DRD Gold   with Unum Capital. To get started, email   lester@unum.co.za Some initial volatility + a base, but eventually a sharp rally! Depending on your entry, the gains are sitting between 50% and 55%. 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

  • AngloGold Ashanti Tactical Shorts Generating Cash: Overshoot & Failure

    Trade   AngloGold Ashanti   with Unum Capital. To get started, email   lester@unum.co.za The move is also in line with the price action model reading which warned against buying. R649 back down to R611. The white dotted line represents the multi-year resistance trend line as referred to in the previous post. There are opportunities for active traders to get in, get out and get paid! Previous Post (Tuesday 18 March): Trading AngloGold Ashanti: Approaching Multi-Year Resistance High bullish momentum however approaching Multi-year resistance at ~R638, however expect a potential overshoot to the upside. Here, traders should be looking for a failure to hold these highs. In the long term (5-8 weeks), ANG is exhibiting aggressive buying, indicating a strong upward trend. However, traders are advised to wait for a pullback before entering a long position. Alternatively, if the highs fail to hold, a short position back to the 8 or 21-EMA is suggested. The medium term (2-4 weeks) confirms this bullish sentiment, showing that ANG has resumed a bull move within a strong upward trend. In the short term (1-10 days), there's aggressive buying, but traders should avoid chasing the price. Instead, they should look for an overshoot or failure to hold the prior session's range highs to potentially short-sell back to the 8-EMA.

  • Price Action Model: JSE Mid & Large Caps

    Trade JSE Shares  with Unum Capital. To get started, email lester@unum.co.za Click on the image to enlarge. Readings 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 Tuesday 18 March 2025)

  • Shoprite: Provisional Buy Re-Entry Levels

    Trade   Shoprite Holdings   with Unum Capital. To get started, email   lester@unum.co.za Shoprite Holdings (SHP) Lester Davids Analyst: Unum Capital

  • Clicks Group: Quality Company Approaching Buy Range + Alert To Model Readings

    Trade   Clicks Group   with Unum Capital. To get started, email   lester@unum.co.za Lester Davids Analyst: Unum Capital

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