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Monday, 25 November 2024 (Time: 19h52, S/AFRICAN TIME (PM) / U.S TRADING SESSION) Technical Ratings and Price Action Probability For 3x Time Frames Daily Chart Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (14h54) My report, published just under one month ago (28 October), highlighted the monthly chart for coffee futures, with the key feature being the potential for a multi-year breakout. Two years ago, on 20 November 2022, clients were alerted to a buy/long view. Over the period, the commodity has advanced by 93%, exceeding the initial target. Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 11h04) Are you taking advantage of the tools provided? On the back of a the model reading on Friday 18 October (end of day) : "The reward-to-risk is becoming attractive for a small buy/long position", BTI has rallied from R600 to R680 Both the previous long and short side posts are shown below ( scroll down for the previous posts ) Below is the reading for Fri 18-October, as mentioned above: Previous Post: Get Ready To Trade: British American Tobacco Date: Monday, 07 October 2024 Time Published: Pre-Market Ticker: BTI My model called for a pullback from overbought conditions, citing an unattractive reward-to-risk on the buy/long side. Since then, the share has retreated from R690 to below R610 Next Best Probability Entry Range is shown below. Previous Post: Thursday, 05 September 2024 Real-Time: 14h00 Ticker: BTI Previous Post(s) Real-Time: 10h53 Ticker: BTI BTI has been a profitable medium term trading opportunity for clients of Unum Capital. At current levels, the high bullish momentum conditions benefit existing shareholders however, it may also be an opportunity to reduce into strength. As re-iterated on Monday, 29 April: As discussed in December: Lester Davids Analyst: Unum Capital

Monday, 25 November 2024 (Time: 06h33) Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: Pre-Market, 06h32) Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 06h30) MACRO US 10-YEAR BOND YIELD (US10Y) The aggressive upward trend has stalled, reflecting that fixed income investors have started to take an interest in the front end of the curve. The prospect of robust economic growth and commentary members of the Federal Open Market Committee has been a reason for higher yields in recent weeks. US DOLLAR INDEX (DXY) Policy outlook has placed in the driven in a high bullish momentum regime, with a path toward short term overbought levels. This has, in part, been driven by higher bond yields, which as resulted in flows to the U.S post the election outcome. Friday saw new highs of +107 in early trade (Asian Session). U.S. DOLLAR / SOUTH AFRICAN RAND (USD/ZAR) Currency weakness has been driven by outflows from emerging markets, which has been the result of both higher U.S bond yields and a stronger U.S Dollar. The approaching overbought regime seen on 14 November was a technical catalyst for ZAR buying and the resultant unwind back to the rising 8-day EMA. Over the short term, the broad trend remains up. SOUTH AFRICA 10-YEAR BOND YIELD (ZA10Y) Positive outlooks for the South African economy has kept a lid on local bond yields, which have decoupled from the recent weakness in the currency (ZAR). Currently heading back toward the previous breakout level (and igniting bar candle) seen on 01 October. Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: Pre-Market, 06h30) Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time Published: 06h28) Fundamentally undervalued + has not participated in the re-rating of South African equities. Whilst it is trading off the Q2 lows, the share remains in a multi-year consolidation phase and off it's all-time highs. Long Term Target = R220. View as of Thursday 21 November at 09h59. Previous Post: TRADER'S TOOLBOX: Absa's 3 Major Turning Points - Tuesday, 20 August 2024 The major turning points in the share were late March, mid June and early in August. These 2 longs and 1 short triggers helped traders position for the subsequent moves to take advantage of cash-flow generating opportunities. BUY/LONG Discussed in detail, along with the Tactical Trading Guide on Monday, 25 March. The charts below are also adjusted to include dividends. Short/Sell (Reading/Chart 1) Warning that a buy/long was unappealing. Short/Sell (Reading/Chart 2) Alerting to a 1 to 2 day/week short/sell setup. Buy/Long - Monitor For Bullish Reversal Opportunity V-Shaped reversal followed by massive gap up during yesterday's session (earnings release). Clients of Unum Capital are often alerted to key technical developments which include readings from the Tactical Trading Guide. This acts as a guide which helps to identify both opportunities and risk. To become a client, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011384 2923 Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 06h27) Comments on the slide below Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 06h26) During July, clients had access to my view on CSB - with the the key drivers being a recovery in SA Inc which would supported by potential interest rate cuts. Since then, we have seen the share trade close to R30 higher (from 16923c a high above R194 in recent sessions). The original slide is shown below. For access to this and other research, contact the Unum Capital Trading Desk today. Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 06h25) The three factors that are the backbone of my price action analysis model is: (1) TECHNICAL CONDITION (2) Range of Outcomes and (3) Probability of Outcomes The slide below highlights the price action readings from previous Thursday (14 November) which sought to understand the probabilities for JSE Gold Shares amidst the sharp sell-off. The slide thereafter highlights the price action outcomes - strong rebounds! Are you making use of the available tools? To get started as a client, get in touch with the Unum Capital Trading Desk today. Previous Post: Wednesday 20 November 2024 (Time: 09h26) Strong rebounds, in line with the model readings Scroll down for previous post Previous Post: Trading Gold Shares? Here's What The Price Action Data Says (link below) https://www.unum.capital/post/trading-gold-shares-here-s-what-the-price-action-data-says Tuesday 12 November 2024 Time: Pre-Market HARMONY GOLD (HAR) GOLD FIELDS (GFI) ANGLOGOLD ASHANTI (ANG) DRD GOLD (DRD) Lester Davids Analyst: Unum Capital

Monday 25 November 2024 (Time: 06h23) Share Code: KO Screener/Bundle: Oversold Rebound Commentary on the slide below: To trade global equities, you will need an offshore account. To get started, contact the Unum Capital Trading Desk today. E-MAIL: tradingdesk@unum.co.za| CALL:011 384 2923 Lester Davids Analyst: Unum Capital