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- A Trade You Missed
Trade Bidvest with Unum Capital. To get started, email lester@unum.co.za ...Don't feel bad, I didn't publish it either : ( Rebound .... from R251/252 to R267/268 .... Our traders have access to the price action model that helps to (1) identify risks and (2) uncover opportunities. The chart below is accompanied by the original time-stamped model reading which stated that traders should expect a small rebound. Well done to those who are capitalizing on these insights. Note (Important): A reading intraday can be different from a reading at the start or end of the day. This is dependent on the regime i.e where the price finds itself on an intraday basis. For example, a share can be oversold intraday, then start to recover to close the day positive or well above the lows of the day. Lester Davids Analyst: Unum Capital
- Trading Netcare: Probability of a Rebound
Trade Netcare with Unum Capital. To get started, email lester@unum.co.za Close to it's buy re-entry range / Model pointing to oversold & potential for a slowdown in bearish momentum, a base, then a rebound. Lester Davids Analyst: Unum Capital
- Trading Impala Platinum: 8-EMA Cash Flow
Trade Platinum Mining Shares with Unum Capital. To get started, email lester@unum.co.za The 8-day is a key level in our active trading process. Over the weekend, the price action model showed that the next be re-accumulation range for the share (short term) would possibly be on a pullback to the 8-day EMA. On Monday, the share traded into this level, which was followed by a 350c-400c advanced into today. Well done to traders who may have capitalized on this opportunity to generate cash flow. _________________________________________________________________________________ Previous Post (01 February): Trading Platinum Miners Related Posts: NPH https://www.unum.capital/post/automated-insights-northam-platinum-as-a-real-time-example SSW https://www.unum.capital/post/trading-sibanye-stillwater AMS https://www.unum.capital/post/anglo-american-platinum-continuation-buy-long-triggered-above Price Action Model Readings as of yesterday's close. Anglo American Platinum Impala Platinum Northam Platinum Sibanye Stillwater
- Trading Foschini: Approaching Oversold / Partially Cover Short Positions
Trade TFG and other JSE Shares with Unum Capital. To get started, email lester@unum.co.za Sector warning on 07 January, with TFG declining from R172 to R138. Now traders should consider partially covering short/sell positions . The price action model points to to oversold conditions, potential for further decline, however, this may be followed by a base, then a rebound. Previous Post (Sunday 26 January): Trading: TFG Short sellers (traders position for a move lower) are benefitting from the share price decline. TFG is down by 15% from R172, reaching a level just below R146 on Friday (trading update released). If you are short (have been positioned for a price decline), then consider covering some that position). The bearish move is in line with our view that the bullish momentum for the Consumer Discretionary sector is waning. Current Model Reading: Analyst's Price Action Model Reading Previous Post (07 January): JSE Consumer Discretionary: Relative To The Top 40, Bullish Momentum Is Waning Note the bearish MACD crossover and histogram which previously warned around a pullback. Equally-weighted index includes (TFG, MRP, TRU, WHL) Lester Davids Analyst: Unum Capital
- Market Sentiment: Unwinding, Neutral to Weak
Trade Local & Global Financial Markets with Unum Capital. To get started, email lester@unum.co.za The indicator is a custom-built sentiment index, designed to assess market risk appetite, including whether sentiment is at an extreme position (i.e. excessively bullish or excessively bearish). Components: Copper: Copper often serves as a proxy for global economic activity. A decline in copper prices could signal slowing economic growth, increasing risk. High Beta vs Low Beta: High beta stocks tend to be more volatile than low beta stocks. A widening spread between high and low beta returns might indicate increased risk aversion. Growth vs Value: Growth stocks typically outperform value stocks in bull markets. A shift towards value stocks could suggest investors are becoming more cautious. EM Currencies: Emerging market currencies can be sensitive to risk appetite. A weakening of EM currencies could signal increased risk aversion. AUD/USD: The Australian Dollar is often used as a proxy for global risk sentiment. A decline in AUD/USD could indicate increased risk aversion. Consumer Staples vs Consumer Discretionary: Consumer staples are generally considered defensive assets. A shift towards consumer staples could suggest investors are seeking safety. Semiconductors vs S&P 500: The semiconductor sector is cyclical and sensitive to economic downturns. Underperformance of semiconductors relative to the broader market could signal increased risk. Russell 2000 ETF: This ETF tracks small-cap stocks, which are generally considered riskier than large-cap stocks. Underperformance of the Russell 2000 could suggest increased risk aversion. U.S. Dollar Index (Inverse): A strengthening US Dollar often signals a flight to safety, suggesting increased risk aversion.
- Trading: Reinet Investments
Trade Reinet Investments with Unum Capital. To get started, email lester@unum.co.za Amidst today's red, RNI, with it's relative strength caught my attention: Massive multi-month base, with a short term bull flag. Not extended, room to run. Lester Davids Analyst: Unum Capital
- Unum Capital On Bloomberg
Trade Local & Global Instruments with Unum Capital. To get started, email lester@unum.co.za Tuesday, 03 February2025 Lester Davids Analyst: Unum Capital
- Trading DRD Gold: Bank/Take Profit
Trade DRD Gold with Unum Capital. To get started, email lester@unum.co.za 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
- During The Last Session, Buyers & Sellers Were Most Aggressive In These Shares
DOMINANT BUYING FROM OPEN TO CLOSE (DAILY) DOMINANT SELLING FROM OPEN TO CLOSE (DAILY) Lester Davids Analyst: Unum Capital (Published end of day on Monday, 03 February 2025)
- Positioned For Alpha: Sector Outperforming By +14%
Trade JSE Telecoms with Unum Capital. To get started, email lester@unum.co.za Update: The JSE Telecommunications (BLU, MTN, VOD, TKG equally-weighed) sector has since outperformed the Top 40 index by more than 14%. The chart below is a ratio of EW Telco's vs the JSE Top 40 Index. Previous Post: JSE Telecoms: Relative Change of Trend (Published 02 January Accompanying Chart as of 27 December) Telecommunications Sector Relative to the JSE Top 40 Index: Price Action Pointing To A Relative Change of Trend Comments on the slide below
- Trading JSE Gold Miners
Trade JSE Gold Miners with Unum Capital. To get started, email lester@unum.co.za All three counters have staged major rallies off their recent lows with their performance as follows: ANG R430 to R567 (+31%) GFI R240 to R323 (+34%) HAR R160 to R228 (+42%) These outcomes also highlight the capabilities of the analyst's price action model as well as the value-add to clients. The graphic below is an extract from the report (The Sum of the Charts) dated Monday 18 November (2024) and highlights the price action model readings which was taken during the analyst's research as at the close of trade on Thursday 14 November (2024). The readings coincided with the range lows for the share and has subsequently staged substantial rallies over the period. This is NOT ONLY for the 1 to 10 day time frames (where the model stated that the reward-to-risk had become attractive for a buy/long position , but ALSO for the 5 to 8 week time frames which stated that there was a probability of a rebound (see both ANG and GFI). Scroll down to view all three charts as well as the levels which coincided with the readings. Click to enlarge the image. Anglogold Ashanti Gold Fields Harmony Gold Lester Davids Analyst: Unum Capital
- 3x Shares: Overbought (Daily Time Frame)
Trade JSE Shares with Unum Capital. To get started, email lester@unum.co.za Screen as of Monday 03 February 2025 at 10h49 Lester Davids Analyst: Unum Capital












