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Friday 08 November 2024 Time Published: 16h47 Less than 2 years ago on 27 December 2022, clients were alerted to an opportunity to re-entry a buy/long on Tesla at $114. Today, the share topped $300 for the 1st time since September 2022. To trade global shares, you will need an offshore account. To get started, contact the Unum Capital Trading Desk. Previous Post: Tesla Tops Estimates Thursday 24 October 2024 Time Published: Pre-Market JSE / Asian Session Notable is the Free Cash Flow coming in at $2.74bn Gap down and Rally! - As discussed recently, Friday 11 October 2024 Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: 13h30 (S/African Time) / Pre-Market U.S. Trading Session Breakout from multi-month consolidation range. Also added as a trade alert at 15h46 Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: 11h04 The Tactical Trading Guide helps traders assess reward-to-risk and uncover opportunities. PPH stopped going up on Friday 27 September. In other words, the aggressive buying in the share ceased which was subsequently followed by a slow retracement. if you are following the TTG, you will have noticed the readings warning traders regarding the poor buy/long reward-to-risk. Have a look at the medium term reading i.e. (approximately 2 to 4 weeks) - 'do not enter buy/long + unappealing reward-to-risk' Have a look at the long term reading i.e. (approximately 5 to 8 weeks) - 'short setup' Also, as highlighted on Monday 30 September. As you will have noticed, both the daily and weekly time frames pointed to overbought technical regimes. What does the current model reading say? Previous Post: FULL TARGET REACHED Friday, 20 September 2024 Real-Time: 09h15 Previous Post Pre-Market Ticker: PPH Now trading +12%. Traders could look to bank/take profit as it approaches the measured move target. Previous Post The share is looking to emerge from a consolidation range, with the measured move being 2323c. The setup is invalidated below 1897c. Last close: 1989c. Note: The breakout could develop over a few days/weeks hence some patience may be required. Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: 10h13 This Is The Current Risk Level Following The Bear Flag Breakdown Trading in a 6-week consolidation + continues to unwind from overbought as well as the bear flag breakdown / risk level = 77222 / below the 21-day EMA which has started to slope down. Previous Post Thursday 31 October 2024 Time Published: Pre-Market At the beginning of this week, I discussed the potential formation of a bear flag structure, that is vulnerable to triggering upon a breached of the incline support which extends back to the 08 and 09 October swing lows. On Tuesday we saw some early weakness while yesterday saw a breached of the upward trend. the index closed off the lows of the day, but still near the range lows which extended back to Friday 18 October. Here, breaching horizontal support of 78530 could mark the start of a further downside move and an acceleration of the bear flag structure. I am however mindful that a change of character is possible and would watch if weakness below the break is bought - say, a false breakdown? Bottom line: I remain open-minded. This below slide was included in my report, "The Sum of the Charts" dated Monday, 28 October 2024. To access the report, email lester@unum.co.za Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: 09h28 Ticker: XAG/USD Commodity: Spot Silver Technical Condition and Price Action Probability Daily Chart Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: Pre-Market Ticker: SAP Share Name: Sappi +24% from the model reading to yesterday's highs. Previous Post 14 August 2024 Pre-Market Previous Post 06 August - Real-Time: 16h09 Amidst the short term sell-off, here's what the data says. (Do note, event risk in the form of earnings loom). Lester Davids Analyst: Unum Capital

Friday 08 November 2024 Time Published: Pre-Market Ticker: SIE Exchange: German DAX

Friday 08 November 2024 Time Published: Pre-Market Share: Thungela Resources Ticker: TGA In the short to medium term, the share has given clients of Unum Capital phenomenal opportunities to generate cash flow. From the initial idea at 10697c , the share rallied to above R125 before retracing and finding support at the rising 21-day EMA which was followed by a further rally to above R135 Well done to clients who took advantage of the opportunity to trade. Thursday 24 October 2024 Time Published: 10h22 For active traders, the bullish reversal, advance and subsequent retracement for a re-entry provided opportunities to generate strong cash flow Strong Rebound Off The 21-D EMA As of 10h27, the model reads as follows: Previous Post 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

Friday 08 November 2024 Time Published: Pre-Market Updated Chart - highlighting how the share has unwound since the model readings. I also discussed retailers here, on 23 September: https://www.unum.capital/post/retail-rally-here-s-what-the-data-says-monday-23-september-2024 The data below highlights the readings from the automated data (Tactical Trading Guide) in the run up to the peak (a few days prior to avoid 'choosing exact levels'). Lester Davids Analyst: Unum Capital

Thursday 07 November 2024 Time Published: 13h23 Share(s): BMW and Mercedes Benz Exchange: German DAX (DAX) Ticker: BMW and MBG Sector: Automobiles BMW Tactical Trading Guide 3x Time Frame Reading: Daily Price Chart MBG   Tactical Trading Guide 3x Time Frame Reading: Daily Price Chart Lester Davids Analyst: Unum Capital

Thursday 07 November 2024 Time Published: 16h02 Ticker: TFG The opportunity was communicated in my report 'the Sum of the Charts', considering opportunities on both the buy and sell side. Strong Rejection & Bearish Reversal At The Sell Re-Entry Range The sell re-entry range was reached, with sellers stepping in at this exact range. Below is the updated chart Below is the original chart Lester Davids Analyst: Unum Capital

Thursday, 07 November 2024 Time Published: Pre-Market (JSE) This page will be updated as the price action and news flow develops and, as opportunities are identified in real-time. COVERAGE: S/Africa 10-Year Bond Yield JSE Top 40 Index (J200) - Bear Flag Breakdown Continued JSE Sector Ratings JSE Technical Summary JSE Market Breadth Strongest/Weakest Open To Close The Stock Market: 'A Discounting Mechanism' Update: U.S Small Caps Mega Rally (Multi-Month Highs) Update: U.S Financials - Sharp Rally On Trump Victory Discovery Holdings - You Cannot Ignore This Impala Platinum - Unwinding Into A Rising 50-day EMA AVI Ltd - Excessively Overbought Bid Corp: R20 Rebound British American Tobacco: Sharp Bullish Reversal Update: U.S. Coal Stocks Surge Mega (or MAGA) Moves Across The Board In The U.S Last Night! South African 10-Year Bond Yield (ZA10Y) - One of the most important charts for local investors. The igniting bar previously highlighted (circled) has seen continued upside follow-through. This is not a local story. It's U.S interest rate and USD story. JSE Top 40 Index (J200) | The bear flag highlighted and discussed in last week Monday's report has continued to trade to the downside, with the index close to 3000 points lower following the breach of the incline support. Current at support (at the 50-day EMA) but with poor candle structure. JSE Top 40 Index - as discussed in the report (The Sum of the Charts) on Monday, 28 October. JSE Sector Ratings (as of yesterday's close) JSE Market Breadth (as of yesterday's close) Most Aggressive Buying (Top 10) From Open To Close (Daily Time Frame) Most Aggressive Selling (Top 10) From Open To Close (Daily Time Frame) JSE Technical Summary (Weekly Time Frames) The Stock Market: 'A Discounting Mechanism'.   "The stock market is the best economic forecaster I know".  These are the words of one of the greatest money managers of this generation, Stanley Druckenmiller. Similar to the way in which South African facing shares rallied in the lead up to the election, the same was seen for domestic focused U.S stocks such as small caps, insurers/banks/financials, cyclicals (economically sensitive), the US Dollar as well as bond yields. In other words, the market did it's job as a 'discounting mechanism' by highlighting the positioning of the market participants in anticipation of the most likely outcomes. Update:  U.S Small Caps (IWM) Including Regional Banks (KRE ETF) - Now At Multi-Month Highs. The Original Comment (+Updated Performance Chart) Is Shown Below. Note: The Regional Banks ETF Is Higher By 27% Since The Comment Below. Update: iShares U.S Financials ETF (IYF) - Original Chart/Note + Updated Comments On The Chart Discovery Holdings (DSY) | The share is starting to show some weak right into the previous marked sell range. I'm not expecting a sharp drop from here, but you cannot ignore the price starting to lose it's aggressive upside momentum. Impala Platinum (IMP) - as of yesterday's close, this was the reading from the Tactical Trading Guide. Note the share price unwinding from overbought and approaching the 50-day EMA. AVI Ltd - Reviewing Last Night's Readings From The Tactical Trading Guide, This Stood Out To me: Excessively Overbought BID CORP (BID) | Clients of Unum Capital have access to high quality, actionable research insights that help to understand and manage risks as well as uncover opportunities. These include proprietary tools that automates analysis in order to highlight risks and opportunities. Most recently, the automated data (see original below the chart) for Bid Corp showed that the although selling has been aggressive in the short term, the share was positioned for a potential rebound. From R417 at the time of writing, the share rallied by R20 to test a high of R437 four (4) sessions later on Wednesday 06 November. These price moves represent opportunities to profit from volatility and generate cash flow around core positions. British American Tobacco (BTI) | Sharp Bullish Reversal (In Line). Both a manual and automated view was communicated, highlighting the potential for a rebound following an unwind from the previous overbought conditions which offered a buy/long re-entry opportunity. Over the past few session, we have seen a strong rally on the back of a weaker ZAR (i.e. stronger USD). On 07 October, my note was titled: "Get Ready To Trade BTI" while the model reading at the swing low (end-of-day 18/10) highlighted that the share had 'become attractive for a small buy/long position'. The share traded just below R600 before rally over the subsequent two weeks to a high of R643.19. U.S. Coal Stocks - Discussed less than 3 weeks ago. Two names uncovered via manual search while one name appeared on a screener. For active traders, these have been phenomenal opportunities over the past 2 to 3 weeks. Lester Davids Analyst: Unum Capital