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Real-Time: 10h34 The ultra short term rebound has delivered a profit for traders who looked to capitalize on oversold conditions. Lester Davids Analyst: Unum Capital

Real-Time: 12h55 Strong gains for the share, which appears to be on the back of Glencore abandoning their plan to dispose of their coal assets. Previous Post 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

Real-Time: 11h56 Lester Davids Analyst: Unum Capital

Real-Time: 09h51 Previous Post Update as of 10h25 Has advanced from 7400c to 7834c. Reading published in real-time last week Thursday at 16h44 Previous Post: https://www.unum.capital/post/mtn-group-here-s-what-the-data-says-thursday-18-july-2024 • REAL-TIME - 16h44 New Trigger Previous Post Hi Lester,   I hope you are well.   Do you have any analysis on MTN? Hi ___ - I trust you're well.    This R80 level has been tested since March, which has held however, such persistent tests make a share vulnerable to the level being breached, especially when there is poor candle structure (such as today). The share also remains below its declining 21-week EMA, which could act as a headwind in the short term. The R78 to R80 level appears to be getting weak and if we break below, the momentum could accelerate to the downside.    When will I get bullish? When it stops going down and when it it starts to trade with strong price action above R83, and even more so above R88.   For now, the buy/long risk appears elevated (avoid). Lester Davids Analyst: Unum Capital

Pre-Market To sign up as a client, e-mail lester@unum.co.za As a long term shareholder, it may be time to reduce/trim long positions. One of the benefits of being a client of Unum Capital means that you have access to our high quality research insights that identify opportunities with appropriate reward-to-risk and also, help you manage risk. While the primary focus within research is short to medium term opportunities to generate cash flow, taking a 'bigger picture' view can create additional opportunities from a long term portfolio perspective. An example would be a share listed on the JSE. One where I discussed the weekly chart with a medium term view. At a price of R41, the share has over the 3+ years since publication gained over 225% to trade above R134. Now, considering the extent of the gain, as well as the new technical position, my analysis recognizes the price at a key inflection point which may be indicative of an unappealing reward-to-risk on the buy/long side. With multi-month and multi-year trend lines in focus, a breach of the medium term incline support could see the share reverse it's gains. As a long term shareholder, it may be time to reduce. Lester Davids Analyst: Unum Capital

The results (Minimum Volatility, High Dividend, and Consumer Staples) provide us with such valuable information regarding the kind of market environment at hand. Lester Davids Analyst: Unum Capital

PRE-MARKET 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

THIS TABLE SHOWS WHERE BUYERS/SELLERS HAVE BEEN THE MOST DOMINANT. Candlestick Formations (Buyer/Seller Dominance)  form part of technical price charts, which are are used by market participants to interpret current demand-supply dynamics, potential price trends as well as form decisions from these inferences. The tables below highlight the following:  (1) The share name (2) the candle's 'change from open’ (over 1 session) i.e. from the start of the first hour of the trading day to the end of the last hour of the trading day'. This is used to determine the strength / weakness  of the candle formation i.e. t he greater (+) the percentage, the stronger the candle formation and   the weaker (-) the percentage, the weaker the candle formation . Strongest (Open to Close) Weakest (Open to Close) Lester Davids Analyst: Unum Capital

Strongest Weakest

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

Real-Time: 14h54 The most recent pullback off overbought levels triggered a reading which looked for a rebound buy off the 21-day EMA. From the end of day alert on 27 June, the share has rallied from between R247 and R248 to today's high of R281. At current levels the short term (1 to 10 days) reading is as follows: "In or commencing an upward trend, however, strongly consider the potential failure to hold it's prior session range highs which will created a tactical short/sell opportunity". Also noted is the negative divergence where the RSI is printing a lower higher. Live reading as of 14h49 Also note, the share is extended vs the 21-week EMA at R248 Note: NED has been a long opportunity, discussed on multiple occasions, from the R210-R212 level (now R281). I have also discussed short side opportunities. To become a client and recipient of my research insights, get in touch today. Lester Davids Analyst: Unum Capital

Real-Time: 14h36 Trading at it's previous breakout level. Previous Post: UPDATE: Copper has retraced from it's short and medium term overbought levels, having traded above $5.00. This follows an impressive run, one that we discussed on 16 November 2023. The automated model gave us a reading on 15 May, warning of an unappealing reward-to-risk on the upside i.e. expect a pullback. At current levels, the commodity trades in a high bearish momentum regime, approaching short term oversold levels. In addition, it is trading at or around the rising 21-week exponential moving average (EMA), a level at which bulls could re-emerge. The short term trend remains down, however active traders would want to monitor for early signs of price stabilization which could signal the start of a base and potentially a bullish reversal. Downside risk, as highlighted on 15 May: Upside Opportunity on 16 November 2023: Lester Davids Analyst: Unum Capital