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- An 'Overweight' View On Insurers Has Added To Outperformance
Wednesday 13 November 2024 Time: Pre-Market My stance over the past few months (since August) has been to remain overweight insurers relative to the broader market. This was informed by the bigger picture technical structure which looked for a break up via the weekly and monthly charts. From 36.22 on the chart below, the ratio now trades at 41.41. This represents a gain of 14%. Well done to traders who were positioned for the move. The original ratio chart from the report for Monday 19 August is shown below: Previous Post: 06 September 2024 Equally-Weighted Insurers Relative To JSE Top 40 Index: The group continues to show relative strength versus the broader market, with a ration looking to emerge from a multi-month base formation. Preferred Sector Pick: OMU (also with a multi-month base!). Time Frame: Medium to Long Term Lester Davids Analyst: Unum Capital
- Impala Platinum: Strong Intraday Rebound Off Buy Range (R106 to R110)
Wednesday 13 November 2024 (Time: Pre-Market) I know there are some of you who are looking for intraday opportunities. IMP was one which I discussed yesterday morning. Trading into the buy range below R106 and rallying to above R109 to R110. These are very decent cash flow generating opportunities to get in, get out and get paid. Ticker: IMP Look for stabilization on 1H, 4H (i.e. a slowdown in momentum) Daily Chart Lester Davids Analyst: Unum Capital Related Post: https://www.unum.capital/post/analysis-from-the-tactical-trading-guide-impala-platinum-as-an-example-friday-13-september-2024
- VODACOM Cash Flow For Active Traders. +3.8% Rebound In Line With Model Reading
Wednesday 13 November 2024 Time: Pre-Market Share Code: VOD Previous Post: VODACOM: Short Sellers Are In The Money + Model In Line Monday 11 November 2024 Time: Published: 11h04 Share Code: VOD Big pullback in line with the model reading, as published on 23 August (yellow arrows) R113 to to R98 today. Well done, shorts! Previous Post: Entering A Short Term Overbought Range - Friday, 23 August 2024 Ticker: VOD Real-Time: 10h17 Most recently Unum Capital clients were alerted to a bullish STRATEGY ALERT at R90. Lester Davids Analyst: Unum Capital
- TRADER'S TOOLBOX: Use These Screens To Uncover Risks & Opportunities
Wednesday 13 November 2024 Time Published: Pre-Market Lester Davids Analyst: Unum Capital
- 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: Lester Davids Analyst: Unum Capital
- ETHEREUM Target Exceeded + Strong Upside Follow-Through
Monday 11 November 2024 Time: 19h58 Asset Class: Cryptocurrencies / Digital Currencies
- CleanSpark Higher By Over 29% In The U.S. Trading Session
A massive move in this Bitcoin infrastructure play. Up 40% from the original view. Well done to traders who have participated. [Tuesday 12 November 2024, Time: 10h52] Previous Post: Trade Alert: CleanSpark Inc. Monday 11 November 2024 Time Published: 13h16 Added as a small cap /speculative trade idea Previous Post: Tuesday 29 October 2024 Time Published: 11h33 South African Time / Pre-Market US Ticker: CLSK Speculative Opportunity - hence smaller position sizes apply. CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers Lester Davids Analyst: Unum Capital
- BID CORP: Cash Flow For Active Traders. Massive Rebound Off Model Reading
Tuesday 12 November 2024 Time: 10h36 Massive rally from R417 to R462, generating cash flow for active traders. The rally is confirmation of what the model's probability readings on 31 October. Previous Post: Sellers In Control But Potential For A Rebound Thursday 31 October 2024 Time Published: 09h56 Ticker: BID Here's What The Model Says Previous Post: BID CORP (BID): Full Target Reached - Wednesday, 31 July 2024 Real-Time: 15h41 The idea was the accumulate on prints below R422. The stop-loss was briefly breached, before a further consolidation and bullish reversal. Lester Davids Analyst: Unum Capital
- Impala Platinum: Weak But Back Into The 50/75-EMA Range
Ticker: IMP Look for stabilization on 1H, 4H (i.e. a slowdown in momentum) Daily Chart Lester Davids Analyst: Unum Capital Related Post: https://www.unum.capital/post/analysis-from-the-tactical-trading-guide-impala-platinum-as-an-example-friday-13-september-2024
- Trade Alert: DRD Gold
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
- 2 Shares In Overbought Territory
Tuesday 12 November 2024 Time Published: Pre-Market NOTE: Daily Time Frame Please refer to yesterday's full data set for the weekly time frames.: https://www.unum.capital/post/trader-s-toolbox-jse-technical-summary-5 Lester Davids Analyst: Unum Capital
- GLOBAL IDEAS: The Latest Ten (NuScale, Carvana, Newmont & More)
The slides below highlight the last 10 OFFSHORE ideas published via our CMS. Top 2 Detractors: Astrana Health and Newmont Corp Top 2 Contributors: NuScale Power Corp higher by 108% in 5 weeks%; Carvana higher by 69% in 6 weeks. The charts are below, ranked from worst to first 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











