Search this site

Wednesday 20 November 2024 (Time: Pre-Market) Sector ranked from overbought to oversold The above slide was included in my report, "The Sum of the Charts" dated Monday, 18 November 2024. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za Lester Davids Analyst: Unum Capital The Sum of the Charts  is a comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Lester Davids Analyst: Unum Capital

Barloworld Acquisition Talks Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 (Time: 10h30) Extending Gains; Now Higher by 2500c Well done to traders who may have capitalized on the oversold conditions and model reading. Previous Post: GOLD FIELDS Strong Rebound; In Line With Model Reading Tuesday 19 November 2024 Share Code: GFI As per the model, the share was experiencing aggressive selling, however the buy/long reward-to-risk was attractive (S/Term 1 to 10 days) The medium term (2 to 4 weeks) reading stated that traders should look for a continued dip before a rebound. To trade, contact the Unum Capital Trading Desk on E-mail: tradingdesk@unum.co.za | Call: 011 384 2923 Previous Post: GOLD FIELDS Aggressive Sell-Off Creates Appealing Reward-To-Risk Tuesday 12 November 2024 (Time: 16h07) Ultra Short Term/Short Term These are the probabilities over the 3x time frames: THE SUM OF THE CHARTS (MONDAY, 18 NOVEMBER 2024) A comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za Lester Davids Analyst: Unum Capital

Current Out of The Money / Relentless Strength Monday 11 November 2024 Time Published: 13h55 Share Code: DSY Levels & Thesis on the image below. Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 Code: XPD/USD Solid reversal off oversold levels with a move from $923 to $1004. Previous Post: Similar To The Previous Setup. Here's What I'm Seeing Thursday 14 November 2024 (Time: 08h02) Aggressive sell-offs come with risks but also create opportunities. Look for a slowdown in downward momentum to signal that a potential rebound is coming. The Sum of the Charts (Monday 18 November 2024)  is a comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za

Tuesday 19 November 2024 I thought this view from HSBC's Steven Major on Bloomberg yesterday was interesting. He's one of the most informed fixed income investors in the world. Okay, you can now accuse you me of some confirmation bias :) but check out of the reading on my model (scroll down...) ...remember, yields down = prices up. Thursday 31 October 2024 Time Published: 12h58 Consider TLT (long) for exposure/to express a view. Potential for a bearish reversal i.e. bond buyers starting to enter. Lester Davids Analyst: Unum Capital THE SUM OF THE CHARTS (MONDAY 18 NOVEMBER 2024) A comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za

Tuesday 19 November 2024 (Time: Pre-Market) Code: J200 Thursday and Friday's candle structures (both doji's) reflected indecision and a slowdown following the downward trend from previous overbought levels. On Monday (yesterday) we saw a small rebound (60bps) which was curtailed by the declining 8-day EMA however, any further rally could also be halted by the 21 day, which is trending lower, as well as the 50-day EMA which has gradually started to turn down. The slide below was included in my report, "The Sum of the Charts" dated Monday, 18 November 2024. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za Lester Davids Analyst: Unum Capital The Sum of the Charts  is a comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 Time Published: Pre-Market DOMINANT BUYING FROM OPEN TO CLOSE (DAILY) DOMINANT SELLING FROM OPEN TO CLOSE (DAILY) Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 Share Code: TGA The rising 21-day EMA has served as a spot to re-enter on the buy/long side, following the minor pullbacks. Original buy/long view at 10697c vs yesterday's high of 13898c. Previous Post: Take Profit Friday, 04 October Time Published: 09h20 Ticker: TGA Bank / Take Profit; Full Target Reached Previous Post: Wednesday, 02 October 2024 Published: Pre-Market Share Name: Thungela Resources Ticker: TGA The share is in the money by just over 600c, having reached a 3-week high of R113 during yesterday's session. Previous Post ( Potential Short Term Bullish Reversal) Thursday, 26 September 2024 Published: Pre-Market (07h22) Share Name: Thungela Resources Ticker: TGA Stable price action / improving candles structure Support at prior swing lows Positive open to close during yesterday's trading session Above-average volume, suggesting an increase in buying interest Positive divergence as per the 7 and 14-day Relative Strength Index The share closed at 10692c, however, hold above 10550c is key to maintaining an ultra short term bullish thesis. Setup invalidated below 10220c Potential upside targets: 11420c; 11700c Last close: 10692c Daily Chart, With Levels + Volume Daily Chart, With 7 & 14 RSI highlighting the bullish divergence Model Reading via the Tactical Trading Guide

Tuesday 19 November 2024 Sharp rally from the STRATEGY ALERT on 16 August. Current Rating: High bearish momentum / approaching overbought. Previous Post: Strategy Alert Pre-Market Ticker: TKG Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 Share Code: GFI As per the model, the share was experiencing aggressive selling, however the buy/long reward-to-risk was attractive (S/Term 1 to 10 days) The medium term (2 to 4 weeks) reading stated that traders should look for a continued dip before a rebound. To trade, contact the Unum Capital Trading Desk on E-mail: tradingdesk@unum.co.za | Call: 011 384 2923 Previous Post: GOLD FIELDS Aggressive Sell-Off Creates Appealing Reward-To-Risk Tuesday 12 November 2024 (Time: 16h07) Ultra Short Term/Short Term These are the probabilities over the 3x time frames: THE SUM OF THE CHARTS (MONDAY, 18 NOVEMBER 2024) A comprehensive report (PDF format), providing valuable insights for traders looking to capitalize on opportunities as well as manage risk. Clients of Unum Capital can access the report by sending a email to lester@unum.co.za Lester Davids Analyst: Unum Capital

Tuesday 19 November 2024 (Time: Pre-Market) Previous Post: 17 September 2024 Real-Time: 09h40 Previous Post Real-Time: 09h41 Ticker: OUT High Bullish Momentum Regime Approaching Measured Move Target Reduce Into Strength Original view, as published to clients Lester Davids Analyst: Unum Capital