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Trade Platinum   with Unum Capital. To get started, email lester@unum.co.za Weekly Chart - Constructive - Potential Change of Trend Lester Davids Analyst: Unum Capital

Trade   Shoprite Holdings (SHP) with Unum Capital. To get started, email   lester@unum.co.za For clients trading SHP - watch the R260 to R265 range. It is a provisional level of interest on the buy/long side. If the price action change, we'll be quick to adjust. Stay flexible. Previous Post: Trading: Shoprite Holdings (SHP) Our selling level for the share was 31400c, as discussed on 01 August (scroll down to see original chart + comment). Over the past few months, the 31400c level was recognized by the market and has since acted as a level at which participants distributed the share . On a relative basis, SHP has also underperformed the JSE Top 40 Index. Note: there is an unfilled gap at 26462c which coincides with the 61.8% Fibonacci retracement level. This is possible short term buy/long re-accumulation level or a range to cover any short/sell positions. 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   Exchange Traded Funds (ETFs)   with Unum Capital. To get started, email   lester@unum.co.za Multi-Month High + Bullish (Positive) Trend Continued Our initial view on the Satrix Resources ETF (STXRES) was published just under one year ago (13 February) in which we overlayed the ETF with the Chinese Yuan. Subsequently, the ETF experienced a sharp bullish reversal, which was followed by a call to reduce into strength. Long term, the ETF is looking to continue it's recovery as it looks to develop a change of trend (from neutral to bullish). Updated Chart as of Friday 14 February at 12h05 Previous Post: Reduce Into Strength (Wednesday, 10 April 2024 | 13h56) Reading Time: 2 Minutes To trade, or open a new account, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Key Points The ETF is higher by 26% from the 13 February research note (see yellow vertical line) which highlighted the divergence between the price and the Chinese Yuan. Short Term Technical Rating: Overbought Previous Session Short Term Technical Rating: Overbought The ETF has advanced into a FLAT 200-WEEK SMA. The ETF is extended by 10% above it's 21-day EMA. This is the largest extension since November 2022. The ETF is approaching two key levels: (1) the previous swing high (Aug-2023) and (2) 50-61.8% Fibonacci Extension range (measured from the January 2023 high to the February 2024 low. Bottom Line: For short term traders, it may be an opportunity to reduce some of the position into this strength and key levels. Current Chart The original comment, as published on Tuesday 13 February for Unum Capital clients, is shown below (Was 5274c, now nearing 6684c). Lester Davids Analyst: Unum Capital

Trade   Harmony Gold with Unum Capital To get started, email   lester@unum.co.za Update: A pullback of 1292c. Alerted/published last week Monday evening (10 February ) in the note "Channel Check" - highlighting the potential resistance at the rising trend line. Scroll down. Previous Post (Monday 10 February): For HAR traders, an inflection point worth noting. HAR Daily Chart as of today's close. HAR Price Action Model as of today's close: Lester Davids Analyst: Unum Capital

Trade Anglo American, BHP Group & Glencore  with Unum Capital. To get started, e-mail lester@unum.co.za Lester Davids Analyst: Unum Capital

Trade   Global Shares with Unum Capital. To get started, email   lester@unum.co.za Update: Higher by 36% in 8 Weeks. A great read off the price action model. Previous Post: NU Holdings - Approaching Appealing Re-Entry Levels. Here's What The Model Says Thursday 19 December 2024 (Time: 20h18, South Africa / U.S. Trading Session) Commentary & data on the slide below: Lester Davids Analyst: Unum Capital

Trade JSE Miners  with Unum Capital. To get started, e-mail lester@unum.co.za Equally-Weighted JSE Diversified Miners (AGL, BHG, GLN, ARI, S32) Lester Davids Analyst: Unum Capital

Trade   Global Shares with Unum Capital. To get started, email   lester@unum.co.za Year-to-date, risk assets OUTSIDE of the United States have started to catch a bid, with Chinese stocks being some of leading performers. This interest from global markets may be supportive of our view around Tencent where the target of HK$611 was measured off the weekly chart, having been recognized by the development of inverse head and shoulder technical formation. (It's taken 18 months for the move to get going, however, we could finally be getting going...) . Thus far, the share has advanced from HK$354 to HK$474. Now +33%. Most recently (09 July) we also discussed Tencent, with both short term targets being reached. Previous Post: Tencent Holdings (700) | Wednesday, 02 August 2023 For an enlarged view, click on the arrows in the top right corner of the image Published pre-market the Asian session. Lester Davids Analyst: Unum Capital

Trade   JSE Banks   with Unum Capital. To get started, email   lester@unum.co.za The initial idea was floated on 02 December (hence the two arrows (date references). Update: Our idea on 10 December was to rotate out of JSE banks (relative to the broader market). Today, the share trades at a 5-month relative to the JSE Top 40 Index. Previous Post: JSE Banks Are Overbought On A Relative Basis. Consider Rotating Out (10 December 2024) JSE Banks Relative To JSE Top 40 Index Previous Post: Monday 02 December 2024 (Pre-Market) This chart is available to NON-CLIENTS of Unum Capital. Specifically, if you are: New to financial markets and looking to start your trading journey. An experienced trader, but looking to elevate your trading. Interested in an ACTIVE TRADING approach. Interested in a high quality, award-winning research. Interested in insights that informs and identifies both risks and opportunities. Should you you fit into any of the above categories, we would love a few minutes of your time to be able to further explain why you should consider Unum Capital your trading partner. To access, e-mail your name and contact details to   lester@unum.co.za    To open a trading account, e-mail   lester@unum.co.za    Key Features of Chart: Trading at the upper boundary of a multi-year rising channel Technical Regime: Medium term (Weekly Chart) = High Bullish Momentum / Approaching Overbought RANKED & RECOGNIZED: Unum Research Attains 3rd Place In The 2024 Securities Broker Awards In September 2024, Unum Research was recognized for it's capabilities.  Among well-respected boutiques and ahead of household giants such as FNB and Nedbank, the unit attained 3rd place for the period under review. Commenting on the award, Analyst: Lester Davids remarked: "The award speaks to the high quality of output being recognized by our valued clients as well as the consistency of insights and actionable opportunities that has been delivered over the past 8 years." Lester Davids Analyst: Unum Capital

Trade Sibanye Stillwater  with Unum Capital. To get started, email lester@unum.co.za Sibanye Stillwater recently reached a high of 1922c. The move is in line with the model reading as discussed here: Sibanye Stillwater: Right Reading, Right Time Currently higher by 18% (ungeared). Current Model Reading: __________________________________________________________________________________ The model reading below is as of the close of trade on Friday 10 January (as part of previous post below). Previous Post (Sunday 12 January): Trading Sibanye Stillwater. Here's What You Need To Know. Analyst's Price Action Model as of close of trade on Friday 10 January. Q: What is the 7-Day Trend for Sibanye Stillwater (SSW)? A:  The 7-Day Trend is Strong. Q: What is the 14-Day Trend for SSW? A:  The 14-Day Trend is attempting a bullish reversal following a rangebound consolidation phase. Q: What is the Short-Term Price Action Reading for SSW (1 to 10 Trading Days)? A:  The short-term price action reading is attempting a bullish reversal following a consolidation phase. Q: What is the Medium-Term Price Action Reading for SSW (2 to 4 Weeks)? A:  The medium-term price action reading is attempting a rebound following a downward trend. This may consolidate further before continuing higher. Q: What is the Long-Term Price Action Reading for SSW (5 to 8 Weeks)? A:  The long-term price action reading is range-bound in a weak regime. Recovery buy/long is triggered on strong bids and break of current range high. Overall, the model suggests that SSW is currently in a bullish phase. The short-term and medium-term trends are both attempting to reverse upward, while the long-term trend is consolidating. Related Post: Sibanye Stillwater: Right Reading, Right Time Lester Davids Analyst: Unum Capital

Trade   Local & Global Financial Markets with Unum Capital. To get started, email   Preferred Strategies & Setups To Generate Cash Flow (Click To Enlarge) Lester Davids Analyst: Unum Capital

Trade Dis-Chem Pharmacies  with Unum Capital. To get started, e-mail lester@unum.co.za Current Price Action Model + Daily Chart Analysis (Including Chart + Data) as of Friday 14 February at 10h06 Previous Post: Dis-Chem Pharmacies: Approaching Upside Target - Friday, 20 September 2024 Ticker: DCP Real-Time: 15h41 Edit: During the last hour of trading, the full target was reached. A second opportunity to trade on the buy/long side presented itself as the share traded just about near the entry range. At current levels, the share is in a 'strong regime' with potential to re-test the upside target. Short term traders would be using the strength to trim/reduce into strength. ON a medium term basis, there are potential higher targets, though valuations remain slightly elevated. Previous Post - 24 July 2024 Update (Pre-Market) Halfway to target. Reduce (trim) into strength. Maintain core position to run, then take profits as it approaches the target. Chart as of yesterday's close. Previous Post: https://www.unum.capital/post/dis-chem-pharmacies-dcp-swing-long-idea-tuesday-16-july-2024 Chart as of 16h10 The share is showing strength below resistance and looking to emerge from a consolidation range. This looks like a continuation trade. The above chart is an update to my previous post (see below): In addition to the local names I cover, I also scan for opportunities in offshore market. Two picks that have worked in my favour have been South Korea's SK Hynix and India's Mahindra and Mahindra . These were very similar, if not identical technical setups that offered a momentum play over many months. Below are the charts from TradingView which shows how these buy/long ideas have developed. The green shaded area is the time period after I published the ideas. Dis-Chem Pharmacies, in my view, has a similar structure. Is it setting up for a similar move? The candle structure is improving and the share has traded in a sideways range, having shown little advancement since Q1. A weekly close above 3451c could be a trigger for further upside momentum. To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital