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

Access Global ETFs  with Unum Capital. To get started, e-mail lester@unum.co.za Global X Data Centre and Digital Infrastructure ETF (DTCR) Source: Global X ETFs Technical: Multi-year base. Lester Davids Analyst: Unum Capital

Trade African Rainbow Minerals  with Unum Capital. To get started, email lester@unum.co.za Running +9%. Edit: Closed the day very strong & now running +10% ARI Daily Chart as of end of day. If you are an ultra short term trader, then a move of this size could be an opportunity bank/take profit, however, for medium term traders, we could be in the early stages of a bigger move. Also moving perfectly in line with the price action model reading (scrolls down to view). Previous Post (Sunday, 12 January for Monday 13 January): African Rainbow Minerals: Breaking Out On A Relative Basis (Bullish Setup) African Rainbow Minerals Relative To The JSE Top 40 Index African Rainbow Minerals (ARI) Analyst's Price Action Model The 7-day trend is strong, and the 14-day trend is rangebound. Q: What is the overall trend for African Rainbow Minerals in the short term (1 to 10 trading days)? A: attempting a bullish reversal following a consolidation phase. This suggests a potential upward move in the short term. Q: What is the medium-term trend (2 to 4 weeks) for African Rainbow Minerals? A: The medium-term trend is attempting a rebound following a downward trend. This indicates a potential upward movement, but it may consolidate further before continuing higher. Q: What is the long-term trend (5 to 8 weeks) for African Rainbow Minerals? A: The long-term trend is range-bound in a weak regime. A recovery buy or long position is triggered on strong bids and a break of the current range high. This suggests a potential upward move, but it may be range-bound for a while. Q: What are the key takeaways from this price action analysis? A: The short-term trend is bullish, suggesting a potential upward move. The medium-term trend is attempting a rebound, but may consolidate further before continuing higher. The long-term trend is range-bound, but a recovery buy or long position is triggered on strong bids and a break of the current range high. Q: What are some potential strategies for trading African Rainbow Minerals based on this analysis? A: Short-term traders: May look to buy on dips or breakouts in the short term, as the trend is bullish. Medium-term traders: May look to buy on a break of the current resistance level, as the medium-term trend is attempting a rebound. Long-term traders: May look to buy on strong bids and a break of the current range high, as the long-term trend is range-bound. Previous Post: African Rainbow Minerals: A +29% Rally; Now Short Term Overbought Wednesday, 02 October 2024 Time Published: Pre-Market (06h11) Ticker: ARI Significant rally off the swing lows of R155 to a high R201.98 during yesterday's session. Short term traders, take profit or trim some of your position. Previous Post: Wednesday, 13 September 2024. 11h55 The share has now rallied by R37, with a high of R192.64 today. Short term/active traders will use these advances to reduce exposure and potentially re-enter at lower levels. The high was also into my actionable trading zone (sell/reduce), pulling back to R187 on an intraday basis. Scroll down to see the previous (+original) posts which were communicated to clients of Unum Capital. The chart is 'current' Previous Post: 13 September 2024 Update / Pre-Market Ticker: ARI Previous Post: 12 September Real-Time: 10h21 Ticker: ARI The share has found support at the previous swing low and is rebounding from deeply oversold conditions. This setup was discussed on Monday, 02 September. The chart is 'current' Pre-Market Ticker: ARI As per my report on Monday, 02 September (Active Trading Plan), the share is approaching key levels i.e. the previous breakout range and the previous swing lows. Also note the following, yesterday we saw a 'doji' candle being printed, which may be early clues of a slowdown in downward momentum. Note: Event risk in the form of earnings at present (Friday, 06 September). The slide from my report is shown below. Lester Davids Analyst: Unum Capital

Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Screen as of Monday 10 February 2025 at 19h00 High bullish momentum / approaching overbought however, consider the lack of progress over higher time frames (see yellow marked areas). For bulls with a medium/long term view, this is worth noting. Lester Davids Analyst: Unum Capital

Trade   SOL with Unum Capital. To get started, email   lester@unum.co.za Note added Monday morning (10-Feb) just after the open. By the close, the following is noted: 3rd highest volume day for volume in the last 18 months. Trading Sasol: Zooming Out (Monday 10 February) Clients of Unum Capital had access to these premium views which helped to manage risk. The share has since declined from R120 to R76. Below is the current price action model reading: Zooming Out: Approaching A Key Level (Weekly Chart): Previous Post: Avoid: Large Cap Weekly Breakdown - Monday, 23 September 2024 PREMIUM POST Pre-Market Poor, absolute and relative price trend Poor, absolute and relative candle structure Trading below it's declining 200-day EMA Each rally is being sold Avoid until price action improves! Lester Davids Analyst: Unum Capital

Trade   FX: EUR/USD   with Unum Capital. To get started, email   lester@unum.co.za Lester Davids Analyst: Unum Capital

Thursday 28 November 2024 (Time: 12h57) Share Code: TKG If you've been long off the alert, consider reducing into strength. Previous Post: Strategy Alert (16 August 2024) Pre-Market Ticker: TKG Lester Davids Analyst: Unum Capital

Trade Sappi  with Unum Capital. To get started, email lester@unum.co.za Strategy alert + awareness of current model reading: Previously, clients were alerted to a buy/long setup which subsequently saw a rally from R44 to R55 (+25%). below is the current model reading however (see the short and medium term) however also note the long term (5 to 8 weeks) which states that traders should wait for the lower time frames to stabilize. Provisionally, the 3800 to 3900 range is a level of interest. i.e. subject to change as the price action develops. SAP chart as of 11h37 on Monday 10 February at 4275c. Previous Post: Wednesday 20 November 2024 (Time Pre-Market) SAPPI Long & Short: Bullish Target Exceeded (+24%) & Pullback In Line With Model Long & Short: Bullish Target Exceeded (+24%) & Pullback In Line With Model The most recent pullback off the highs coincides with the reading on 07-Nov (day of price peak) which stated that 'a strong move had develop however and that buyers were in control however, traders should not chase i.e. should not buy as the price could fail to hold it's highs. In which case, the 8-day EMA could be a short/sell target. The subsequent price action accurately reflects this model reading with the share retreating from above 5470c to yesterday's low of 4904c. Current Rating = Weak (Previous Overbought At The Recent Price Peak) The original (time-stamped) model reading is shown below. Previous Post: Take Profit On This Rally https://www.unum.capital/post/sappi-take-profit-on-this-rally Friday 08 November 2024 Time Published: Pre-Market Ticker: SAP Share Name: Sappi +24% from the model reading to yesterday's highs. Previous Post 14 August 2024 Pre-Market Previous Post 06 August - Real-Time: 16h09 Amidst the short term sell-off, here's what the data says. (Do note, event risk in the form of earnings loom). Lester Davids Analyst: Unum Capital

Trade Discovery Ltd  with Unum Capital. To get started, email lester@unum.co.za Generating Cash Flow Print above R196 today. Note: The share bottomed on 28 January. The previous evening, the price action model alerted traders that the reward-to-risk had become attractive for a buy/long position , from which we have seen a rally from R176 to R196. Well done to traders who may have capitalized on the opportunity (both on the short and then long side). Previous Post: Trading Discovery: Long/Short Now rebounding, in line with my previous post (28 January) as well as the prior day (27 January) price action model reading. Longs now trading 600c higher! (Traded above R186 today, from R178) __________________________________________________________________________________ Previous Post (Tuesday 28 January): Trading Discovery: R20 Lower, Consider Covering Short Position For clients who may be short (i.e. have sold at higher levels), consider partially covering your short positions. FURTHER UPDATE as of Tuesday 28 January (09h11): Now trading 2000c lower. The move is in line with our comments on 12 December, 02 January and then again on 15 January. Previous Post: Discovery Ltd: Relative Distribution Phase + MACD Bearish Crossover Points to note (also stated on the chart) Candle structure: momentum being lost + relative distribution MACD negative crossover Previous Post: DISCOVERY Extended Relative To The JSE Top 40 Index The chart reflects a ratio of of DSY relative to the JSE Top 40 Index where the distance versus the 40-week simple moving average reflects an extended level (+29% in December 2024). Note the previous extension coinciding with bearish reversal, or at best, the start of period of consolidation. Previous Post: DISCOVERY Pending Bearish MACD Crossover + Most Overbought Reading in +10 Years Thursday 12 December 2024 (Time: Pre-Market) DSY Discovery Holdings Notes on the slide below Lester Davids Analyst: Unum Capital

Access Global ETFs  with Unum Capital. To get started, e-mail lester@unum.co.za Ratio Chart: XLK vs SPY Lester Davids Analyst: Unum Capital

Access Global ETFs  with Unum Capital. To get started, e-mail lester@unum.co.za Falling wedge technical formation at a key multi-year level. Lester Davids Analyst: Unum Capital

Access Global ETFs  with Unum Capital. To get started, e-mail lester@unum.co.za Long term change of trend via monthly chart. Lester Davids Analyst: Unum Capital