Search this site

Tuesday 03 December 2024 (Time: Pre-Market) DOMINANT BUYING FROM OPEN TO CLOSE (DAILY) DOMINANT SELLING FROM OPEN TO CLOSE (DAILY) Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Time: Pre-Market) 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. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) - SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA DUE TO TIME/CAPACITY CONSTRAINTS, THOSE TIME FRAMES ARE NOT SHOWN HERE .

Monday 02 December 2024 (Time: Pre-Market) ABOUT THE TACTICAL TRADING GUIDE: Lester Davids Analyst: Unum Capital

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

Monday 02 December 2024 (Time: Pre-Market) The overbought condition in place at the end of September as well as the bear flag technical structure which develop at the end of October has unwound, with the index continuing to exhibit a weak technical regime. Closing at the lows of the week, as well as near previous swing low, the index has shifted to below the 21-day EMA and 50-day EMA, both of which are currently trending down. While there is certain scope for a bullish price reversal, the candle structure (as of the last close) remains poor. Be prepared to adjust as the price develops. Previous Post Friday 22 November 2024 (Time: Pre-Market, 06h15) An update to my original slide, which highlights the model reading calling for a rebound. This has been a strong week, but NOT surprising as the oversold levels increased the probability of a rebound . Lester Davids Analyst: Unum Capital

Monday, 02 December 2024 (Time: Pre-Market) Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Time: Pre-Market) DOMINANT BUYING FROM OPEN TO CLOSE (DAILY) DOMINANT SELLING FROM OPEN TO CLOSE (DAILY) DOMINANT BUYING FROM OPEN TO CLOSE (WEEKLY) DOMINANT SELLING FROM OPEN TO CLOSE (WEEKLY) DOMINANT BUYING FROM OPEN TO CLOSE (MOTHLY) DOMINANT SELLING FROM OPEN TO CLOSE (MONTHLY) Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Time: Pre-Market) Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Time: Pre-Market) Data/Snapshot as of 12h10, Friday 29 November 2024 Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Pre-Market) This is a ratio chart of BHG Group relative to the JSE Top 40 Index Key Features: Trading at support + Bullish Divergence as per the 14-Day RSI Interpretation: From or at around current levels, the share could potentially outperform the broader market. Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Pre-Market) Traders on the Unum Capital Trading Desk have daily access to proprietary insights which helps them to manage and assess potential risks and uncover potential opportunities. To get started as a trading client, contact the Unum Capital Trading Desk today. Over the past few sessions, there has been around R12 to R15 that was to be made by trading Mr. Price shares. Following the sharp 'continuation rally' on the back of it's results, the share entered overbought conditions, with the end of day model reading on 21-November as follows: 1. SHORT TERM (1 to 10 days) : 'Extremely Overbought. Monitor the lower time frames (1H, 4H etc) for a early signs of weakness for a pullback to the 8-day EMA' 2. MEDIUM TERM (2 to 4 weeks): ' Extremely Overbought. Monitor the lower time frames (1H, 4H etc) for a early signs of weakness for a pullback to the 8-day EMA' 3. LONG TERM (5 to 8 weeks): 'Would not enter a buy/long here, the reward-to-risk is unattractive'. MRP Chart as of Friday morning at 10h37 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. Lester Davids Analyst: Unum Capital

Monday 02 December 2024 (Pre-Market) JSE Sectors with the STXRES and STXFIN as proxies. Rebounding off the prior multi-year breakout level. What does the message does the chart convey? Resources have underperformed Financials for an extended period. At the current juncture, it may be worthwhile considering a switch out of selected Financial names into selected Resources names. Lester Davids Analyst: Unum Capital