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HCI is a share I discussed in a research report close to 3 years ago at R74 (October 2021). The share went on to print an all-time high of R243, a gain of 228%. We have since seen the share retrace, consolidate, with a low of R157. At current levels, the share looks to be re-emerging from a base for a potential new leg higher. Clearing resistance targets 22000c. A stop-loss of 16200c can be applied. Last price 18192c. The original slide (Monday, 05 October 2021) is shown below. 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

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

Charts as of 11h12 Friday morning. Lester Davids Analyst: Unum Capital

At the beginning of this week I highlighted S32 as a 'continuation sell'. The share is down to R42 from just below R45. The gap at 4154c is in line with the 61.8% Fibonacci Retracement Level. Watch to see if it holds on an intraday basis (preferred with an increase in volume). Lester Davids Analyst: Unum Capital

•  PRE-MARKET THE HIGH BULLISH MOMENTUM ( APPROACHING OVERBOUGHT ) REGIME FOR BOTH THE DAILY AND WEEKLY TIME FRAMES HAS STARTED TO UNWIND WITH THE PRICE TRADING WITHIN ONLY A FEW POUNT OF THE PREVIOUS SWING HIGHS. ON WEDNESDAY, TEH 8-DAY EMA WAS BREACHED, WHILE THE RISING 21-DAY EMA ACTED AS A SHORT TERM SUPPORT RANGE ON DURING THURSDAY’S TRADING SESSION. WHILE MY PREFERENCE IS TO EMPLOY HORIZONTAL TREND LINES AS A TOOL, THE RECOGNITION OF A DIAGONAL TREND LINE OR CHANNEL MAY ALSO BE USEFUL IN ASSESSING TECHNICAL REWARD-TO-RISK. ANALYZING THE DAILY CHART, A REJECTION AT THE UPPER BOUNDARY OF THE RISING CHANNEL IS RECOGNIZED, WITH A PULLBACK CURRENTLY UNDERWAY. AT CURRENT LEVELS, AS PER THE DAILY CHART, THE INDEX IS TRADING WITHIN A NEUTRAL REGIME (PREVIOUSLY HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT ). Lester Davids Analyst: Unum Capital

Lester Davids Analyst: Unum Capital

• REAL-TIME - 12h48 To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Previous post: Zooming Out, Here's What I See The share has appreciated significantly, advancing by over 18% from the previous buy/long trigger, which was shown as a 'strategy alert' (see original chart at the bottom of this post). At current levels, the share is trading in a high bullish momentum regime, having previously unwound from overbought and having resumed it's upward trend following a pullback to the rising 8/13/21-EMA range. Also at current levels, the share is trading near the previous swing high which was printed on 30 August 2023. As at the time of writing this note (10h41), the candle structure reflects indecision near these highs, with a 'doji' being developed. Having risen sharply since breaking out of it's range, traders could expect a consolidation although an attempt for further advancement is not out of the question. The 8-day EMA is currently at R281 vs a price of R294, which is slightly extended in terms of 'distance vs 8-ema'. Upon further high prices, shorts/sell could be considered or reducing existing buy/longs into strength. BVT Current View BVT Original View Lester Davids Analyst: Unum Capital

• 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

• REAL-TIME - 12h36 WHL was recently discussed as a buy/long idea below R55 (it traded up to R65). Lester Davids Analyst: Unum Capital

• REAL-TIME - 11h26 THE HIGH BULLISH MOMENTUM ( APPROACHING OVERBOUGHT ) REGIME FOR BOTH THE DAILY AND WEEKLY TIME FRAMES HAS STARTED TO UNWIND WITH THE PRICE TRADING WITHIN ONLY A FEW POUNT OF THE PREVIOUS SWING HIGHS. ON WEDNESDAY, TEH 8-DAY EMA WAS BREACHED, WHILE THE RISING 21-DAY EMA ACTED AS A SHORT TERM SUPPORT RANGE ON DURING THURSDAY’S TRADING SESSION. WHILE MY PREFERENCE IS TO EMPLOY HORIZONTAL TREND LINES AS A TOOL, THE RECOGNITION OF A DIAGONAL TREND LINE OR CHANNEL MAY ALSO BE USEFUL IN ASSESSING TECHNICAL REWARD-TO-RISK. ANALYZING THE DAILY CHART, A REJECTION AT THE UPPER BOUNDARY OF THE RISING CHANNEL IS RECOGNIZED, WITH A PULLBACK CURRENTLY UNDERWAY. AT CURRENT LEVELS, AS PER THE DAILY CHART, THE INDEX IS TRADING WITHIN A NEUTRAL REGIME (PREVIOUSLY HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT ). Lester Davids Analyst: Unum Capital

Good afternoon, everyone, This is Lester Davids here with a short-term move on DRD gold update. So we've seen some nice follow-through on the share from about 1640, which was an alert on the market minutes page from around 1640 on the 3rd of July , all the way up to 1824 today which is an 11% move to the upside, in fact we did over the last couple of days, that was Thursday the 11th, hit a high of 1842 so a nice short term play for those who latched onto the move. Over the longer term possibly higher levels but for now we are actually sitting in overbought territory we've got an RSI of above 80, and if I have a look at tactical the reading on the tactical trading guide (this is a live reading which I've just requested) we've got the seven day trend overbought, we've got the 14 day trend which says “ very bullish ” but for the short term the one to 10 days it says “ very strong move up buyers in control do not chase ”, just for some clarity do not chase meaning do not try and buy at current levels, I think that the reward-to-risk is probably not as great in the short term as it's been over the last couple of weeks, and then for the medium term reading (which is two to four weeks) is also says “ aggressive buying do not chase, look for overshoot and failure to shoot back to the 8-EMA area ” and then for the five to eight week move it says “ attempting to advance whilst  in a bullish regime use the pullback or the price close or the 8 weekly EMA as an accumulation zone so for now overbought .” 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: 07H34 Strong Upside Follow-Through: Short Term Traders, Trim Into Strength But Maintain Some To Run. Alignment with TTG and the marked R1057 level. BELOW: Previous Posts, Including Original Update: Sharp Bullish Reversal - Notes On Slides Below Lester Davids Analyst: Unum Capital