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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

Sanlam has since underperformed since publication: Relative, or ratio charts as it is sometimes known, helps market participants to compare the performance of two instruments with the primary aim of ascertaining whether one is outperforming the other. For example, a ratio chart can help understand whether Banks or Insurers are underperforming or outperforming the Top 40 index. This can help a trader/investor recognize the potential risk or opportunity and help position to be underweight, overweight or equal weight. Considering the ratio chart of SANLAM vs the JSE TOP 40 INDEX, the following is observed: (1) the current trend is steep, with the price having traded in overbought territory (2) the ratio has developed a bearish divergence where the price has made a higher high while the RSI has made a lower high. Takeaway: Going forward, on a short term basis, Sanlam is likely to underperform the JSE TOP 40 INDEX / broader market. CHART: Sanlam Relative To JSE Top 40 Index Lester Davids Analyst: Unum Capital

Pre-Market Reduce into strength Previous Post REAL-TIME: 14h21 Strong Upside Follow-Through, But Short Term Overbought Here's what the real-time model reading states: BTI was featured in my report: Active Trading Plan (Monday, 22 July 2024) Lester Davids Analyst: Unum Capital

• REAL-TIME: 16h11 Amidst, A Heavy Sell-Off, Here's What The Data Says 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: 12h33 Notes on slide Lester Davids Analyst: Unum Capital

Real-Time: 11h38 Notes On Slide Lester Davids Analyst: Unum Capital

Trim into strength Well done to clients who took the opportunity to trade. To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 NORTHAM PLATINUM (NPH): STRONG UPSIDE REVERSAL FROM R107 TO +R139, SUPPORT BY THE READING FROM THE TACTICAL TRADING GUIDE (3X TIME FRAMES SUPPORTING A BUY IDEA). THE ORIGINAL CHART IS SHOWN, AS WELL AS THE FOLLOW-UP TO WEDNESDAY (SEE INSERT). Lester Davids Analyst: Unum Capital

Last night in the U.S, volatility continued to increase as technology shares suffered significant losses. The below slide is an extract from my report dated Monday, 22 July 2024 Lester Davids Analyst: Unum Capital

Technical Screen: More than 20% off It's 6-month high Within 5% of it's 1-month low. The screens looks for shares that have sold off significantly, which can offer mean reversion buying opportunities. Lester Davids Analyst: Unum Capital

PRE-MARKET Lester Davids Analyst: Unum Capital

•  PRE-MARKET Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital