Search this site

• PRE-MARKET Previous Post (Wednesday, 14 August) • PRE-MARKET On Monday evening, the Tactical Trading Guide provided you with the following short term (1 to 10 day) reading: "The reward-to-risk is becoming attractive for a small buy/long position" . Tuesday's/yesterday's price action = short term positive. In addition, some participants seems to be acknowledging the multi-month support zone. Monday evening's TTG is shown below: While I am highlighting the short term structure, the long term view was shared with you on recently on Monday, 29 July. The original slide is shown below: 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: Ticker: SHP Early signs of a slowdown in upward price momentum (dark cloud cover) + negative divergence as per the 7-day RSI. Previous Post: (Thursday, 01 August) Real-Time: 10h38 Shoprite Holdings (SHP) 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: A price action probability for the given time frame. Three (3) ‘trading’ time frames are considered: Short Term (1 to 10 days) / Medium Term (2 to 4 weeks) and Long Term (5 to 8 weeks) Whether the reward-to-risk is attractive for a buy/long position Whether a share is weak. In this case, wait until the price stabilizes before looking to enter (i.e. want until it stops going down) Whether aggressive buying is underway. In this case, do not ‘chase’ (do not buy) but instead wait for a pullback to re-enter a buy or an overextension with deteriorating candle structure to sell/short. 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 or before continuing it’s bullish or bearish trend 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.

Ticker: WHL TACTICAL TRADING GUIDE end of day Monday, 19 August 2024 Previous Post: Real-Time: 16h06 A leader for today: Also discussed at much lower levels on the telegram group. Original (time-stamped, chart) with the live reading from the Tactical Trading Guide is shown below. Lester Davids Analyst: Unum Capital

Yesterday the share traded at a multi-month high of 1354c. For short term traders, this is an opportunity to reduce/trim into strength. Over the long term, the sector continues to hold value. Previous Post (Friday 12 July) Lester Davids Analyst: Unum Capital

DOMINANT BUYING FROM OPEN TO CLOSE DOMINANT SELLING FROM OPEN TO CLOSE

HIGH BULLISH MOMENTUM / MOST OVERBOUGHT / STRONGEST HIGH BEARISH MOMENTUM / MOST OVERSOLD / WEAKEST

• REAL-TIME: 21h58 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

The gold price closed at an all-time high of $2,508 on last Friday, leaving traders and investors questioning its next move. Will the price continue its upward momentum, or is a technical pullback on the horizon? Given the recent surge, gold might face a slight pullback as traders take profits and key technical levels are tested. However, ongoing tensions in the Middle East and the expectation of a potential interest rate cut could support gold in holding above $2,500. The overall outlook remains bullish, but will we see a retracement to key technical levels before the next move higher? The key question is whether the gold price will hold above $2,508 or if this surge will lead to a slight sell-off in the gold price. Take part in our poll by visiting our social media platforms . The gold price will rally further above $2,508 Gold will experience profit-taking and close below the technical support level of $2480 The gold price will be rangebound between $2480 - $2508   Stay informed on the latest movements with Unum Trade.

To access the research report, e-mail lester@unum.co.za Lester Davids Analyst: Unum Capital

Real-Time: 11h47 Sanlam approaching previous swing highs (new buy/long, caution) + has entered an overbought range. Most Recent Communication was to re-accumulate on a pullback into the rising 21-week EMA at R75. Now trading at R85. Lester Davids Analyst: Unum Capital

Real-Time: 10h11 Entering An Overbought Range On It's Weekly Chart Recently High Bullish Momentum However, Now Most Overbought Since May 2021 Lester Davids Analyst: Unum Capital

Pre-Market Ticker: TKG Lester Davids Analyst: Unum Capital