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Pre-Market A global rate cutting cycle including action from the SARB has support strong moves in retail shares. In addition, early positive signs in the local economy has boosted confidence which has led to analyst upgrades. This is especially relevant in the Consumer Discretionary sector which may feel the effect of improved consumer spend. While the fundamentals are positive and, after a strong rally, the short term reward-to-risk does not appear appealing for new buy/long trades. For Consumer Discretionary shares, this is what the data says: MRP Mr. Price TFG Foschini TRU Truworths Clients of Unum Capital have had access to research which has flagged opportunities across in selected names. TRU, discussed at R56, has nearly doubled in price over 14 months. Truworths - as discussed in the report (Active Trading Plan, Monday 03 July 2023) Then at R56 - now nearly R110. Not a client yet? Get in touch today. ABOUT THE TACTICAL TRADING GUIDE: 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 our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument 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. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

Pre-Market Asian Session Tencent Holdings Improving candle structure - breakout pending at HK$420. Naspers (Weekly Chart) Very positive candle structure. Multi-year consolidation looks ready to break out over the medium term. Prosus (Weekly Chart) Very positive candle structure. Multi-year consolidation looks ready to break out over the medium term. Potential target is the previous highs at R900. (Previous Post: 09 July) This is an update on Hong Kong-listed, which is the major holding of JSE-listed Naspers/Prosus. A medium/long term review was completed in August 2023, which can be accessed here: https://www.unum.capital/post/tencent-holdings-700-tuesday-01-august-2023 As of 09 July 2024, the share retains a healthy technical structure, having emerged from a channel formation. For just over 2 months, the share has been in a consolidation phase, having developed a flat-bottom triangle formation where a breach of the upper boundary would trigger a buy/long continuation and where a conservative target is HK$416, followed by HK$435. Also note, the share remains above it's rising 21-week exponential moving average, which is a positive technical position. (Chart as of 07h16 South African Time) Lester Davids Analyst: unum Capital

Pre-Market Asian Trading Session / Sunday Technical Ratings and Price Action Probability For 3x Time Frames Daily Chart Lester Davids Analyst: Unum Capital

Ticker: DCP Real-Time: 15h41 Edit: During the last hour of trading, the full target was reached. A second opportunity to trade on the buy/long side presented itself as the share traded just about near the entry range. At current levels, the share is in a 'strong regime' with potential to re-test the upside target. Short term traders would be using the strength to trim/reduce into strength. ON a medium term basis, there are potential higher targets, though valuations remain slightly elevated. Previous Post - 24 July 2024 Update (Pre-Market) Halfway to target. Reduce (trim) into strength. Maintain core position to run, then take profits as it approaches the target. Chart as of yesterday's close. Previous Post: https://www.unum.capital/post/dis-chem-pharmacies-dcp-swing-long-idea-tuesday-16-july-2024 Chart as of 16h10 The share is showing strength below resistance and looking to emerge from a consolidation range. This looks like a continuation trade. The above chart is an update to my previous post (see below): In addition to the local names I cover, I also scan for opportunities in offshore market. Two picks that have worked in my favour have been South Korea's SK Hynix and India's Mahindra and Mahindra . These were very similar, if not identical technical setups that offered a momentum play over many months. Below are the charts from TradingView which shows how these buy/long ideas have developed. The green shaded area is the time period after I published the ideas. Dis-Chem Pharmacies, in my view, has a similar structure. Is it setting up for a similar move? The candle structure is improving and the share has traded in a sideways range, having shown little advancement since Q1. A weekly close above 3451c could be a trigger for further upside momentum. To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital

Real-Time: 14h34 Lester Davids Analyst: Unum Capital

Data as of Friday afternoon at 13h00 Lester Davids Analyst: Unum Capital

Real-Time: 13h57 Lester Davids Analyst: Unum Capital

REAL-TIME: 12H49 Ticker: J200 or SA40 Short Term Update + Analysis. On Monday 09 September, the rising 21-week exponential moving average was flagged as a buy/long re-entry. The index then traded into this level, which was followed by a bullish V-shaped reversal which reflected strong interest from market participants who have looked to re-accumulate following the previous unwind from a short term overbought range. From 73000, the index advanced to test a short term high of a 76278 on Thursday, which was just below the previous breakout level. The technical trend rating has since shifted from 'high bearish momentum/approaching oversold' to 'strong'. Previous Post (Tuesday 17 September 2024) REAL-TIME: 15H06 Ticker: J200 or SA40 Previous view, as communicated: Lester Davids Analyst: Unum Capital

Pre-Market U.S. Trading Session Ticker: BABA Update: Strong medium term reversal off the strategy alert. Previous Post: 03 July 2024 To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital

Pre-Market Update: The rotation with the precious metals sector is underway, with Platinum Miners being preferred over Gold Miners. Note the pending MACD cross and negative divergence on the RSI as per the monthly chart. Previous Post (22 August 2024) - Buy Platinum Miners, Sell Gold Miners Pre-Market Relative Sector Analysis Below is a relative chart which highlights the performance of equally-weighted gold miners and equally-weighted platinum miners. Worth noting is the following: (1) the ratio trading at a key inflection point i.e. the upper boundary of a multi-year parallel channel (2) the development of a rising wedge where the latter stages of the structure is in line with the aforementioned parallel channel (3) the ration being in the (very) early stages of a potential loss momentum which is denoted by the 14-day RSI printing lower highs while the ration continues to print higher highs. Bottom Line: The inflection point, along with the technical 'signals' may be presenting range for medium term traders to switch out of gold miners and into platinum miners on a relative basis. Lester Davids Analyst: Unum Capital

Real-Time: US Trading Session / SA Time: 21h31 At the time of typing, the share is +6.24% for the session. Since publication, the share is higher by 30%

Pre-Market (Medium term View) City Lodge (CLH) Hudaco (HDC) Combined Motor Holdings (CMH) Lester Davids Analyst: Unum Capital