Search this site

Now Higher +200c On Bullish Reversal Updated Chart Previous Post: • REAL-TIME - 12h36 WHL was recently discussed as a buy/long idea below R55 (it traded up to R65). Lester Davids Analyst: Unum Capital

•  PRE-MARKET Lester Davids Analyst: Unum Capital

Most Overbought Most Oversold

• Pre-Market Press Play To Listen 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

Sappi has been a share that has co-operated when required, and traded in line with both my short term and long term view. Most recently, the share provide an opportunity for a swing at ~4800c, with the subsequent move to 5400c. Over the past few days we saw a pullback, however strength has re-emerged with buyers coming strongly during yesterday's session. A cup and handle-like formation has developed with a measure move of 5700c and potential for beyond this level. The share remains in close proximity to it's gradually rising 21-week EMA while also having consolidated over several months. The setup is invalidated on a daily close below 5180c. SAP was originally a buy idea at 4119c in December. Lester Davids Analyst: Unum Capital

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: 13h16 (SOUTH AFRICAN TIME) Lester Davids Analyst: Unum Capital

Real-Time: 12h14 Previous Post Lester Davids Analyst: Unum Capital

This week, all eyes are on the Nasdaq as we assess the future direction of tech stocks following their recent downturn. Last week, the Nasdaq experienced a notable 3.5% decline, while the Russell 2000 saw a robust 7.8% increase. This shift indicates a stronger market preference for pro-cyclical value and bond proxy sectors over growth stocks. The broader market's focus appears to be shifting from inflation concerns to growth prospects, bolstered by a slowdown in economic data and expectations for imminent rate cuts. The key question now is whether tech stocks, which have been central to the Nasdaq's performance, will recover their strength or continue their downward trend. Participate in the poll below on our social media platforms , we'd love to hear your thoughts.   Will the Nasdaq see a rebound this week? Will tech stocks recover, or will the market continue to favour pro-cyclical value sectors? 1.      Will the Nasdaq bounce back this week? 2.      Will the tech sector continue its downward trend? 3.      Will pro-cyclical value stocks maintain their lead? Stay informed and be ready to capitalise on these trends with Unum Capital. Get in contact with us at tradingdesk@unum.co.za  to make sure you can capitalize on these movements.

• 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

• REAL-TIME: 12h26 Short Term Pivot (Swing Trigger) = Above 23234c (should benefitted from the uptick in Harmony Gold) ARI has been a strong performer over the past 8 months. Clients will recall the idea being highlighted with the potential price path reflecting two upside targets. My view on 14 November 2023 Since then, the performance has been strong, with the share appreciating from R167 to R239, a gain of 43% over 8 months.

• REAL-TIME: 11h16 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