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Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Analyst: Disclosure: The commentary below was generated using an artificial intelligence tool, based on the analyst's own inputs/data. Core Thesis Spot Silver is undergoing a violent momentum reset. The current alignment of bearish indicators suggests that liquidity is being prioritized, with sellers dominating the tactical landscape. The core strategy is to exercise patience; the quantitative edge is found in observing how the price interacts with the 60.00 structural pivot, rather than attempting to catch the falling knife. 🟩 Structural bull 🟥 Tactical oversold ⚠️ Structural support test active 🟩 Buy/Long reward-to-risk: 🟢 Appealing Sell/short reward-to-risk: 🟥 Unappealing Current phase: 🔴 High-velocity markdown / capitulation Next best-probability phase: 🟡 Tactical mean-reversion / volatility stabilization Analyst verdict: ➡️ Awaiting structural floor confirmation / preserve capital Spot Silver [62.41] is currently experiencing a high-velocity tactical markdown, characterized by a rapid exit from previous parabolic expansion levels. Because the momentum engines across the Daily and Weekly timeframes have accelerated into HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD and WEAK conditions, the price action is undergoing a severe liquidation event. The asset is in a 🔎 Pullback Observation phase, as market participants monitor these lower momentum tiers for signs of a structural floor. Momentum Profile Daily Chart (Tactical): Mid Term Momentum is HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD at 25.50. This indicates extreme selling pressure and confirms a high-probability zone for a tactical mean-reverting bounce. Weekly Chart (Strategic): Mid Term Momentum is WEAK at 28.19. The weekly engine is signaling intense downward velocity, validating the scale of the current correction. Monthly Chart (Macro): Mid Term Momentum is NEUTRAL at 49.22. The secular engine has mean-reverted, indicating the long-term trend is pausing after a period of extreme expansion. Structural Breakdown & Velocity 1-Day Structure (Vertical Markdown): The daily chart reflects an impulse-driven decline, breaking through support levels with significant conviction. Weekly Structure (Trend Inversion): The weekly perspective shows a structural shift as the asset retests long-term baselines after a parabolic peak. Monthly Structure (Secular Core): Despite the tactical markdown, the monthly view confirms the asset remains within a dominant multi-year uptrend structure, currently testing a major support re-entry pivot. Contrarian Asymmetry & Support Mapping Primary Upside Target (The Reward): 70.00 – 75.00. This zone identifies the primary overhead supply block where previous distribution was established. Structural Risk Pivot (The Invalidation Point): 50.00 – 60.00. A critical structural floor; a sustained breach here would signal a more protracted corrective regime. Asymmetry Observation: The interaction between the current price and the 60.00 structural pivot presents a high-variance environment; market participants are assessing whether this level acts as a floor or a trigger for further breakdown. Technical Valuation & Variance Matrix Estimated Technical Fair Value (TFV): 61.00. The calculated equilibrium point where volume-at-price clusters have formed. Current Price Variance: The asset is currently trading near its TFV, signaling that tactical sellers are exhausting their initial selling impulse. Asymmetry Ratio: The current setup offers a speculative risk-reward variance, contingent on the asset’s ability to defend the 60.00 structural baseline. Tactical Probability Profile Long: Immediate Market Entry | 25% (Risk of continued capitulation) Long: At 55.00 to 57.00 Structural Pivot | 70% (Optimal contrarian re-engagement) Long: At 50.00 Macro Base | 90% (High-conviction structural entry) What Can Change? Bullish Resumption: A daily close reclaiming 70.00 would signal the end of the capitulation phase and suggest that structural buyers are re-entering the market. Momentum Divergence: A new price low accompanied by a rising RSI would suggest that the current selling velocity is exhausted, likely preceding a mean-reverting rally. Macro Failure: A weekly close decisively below 50.00 would invalidate the secular bullish thesis and signal a broader, more severe structural correction. Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS: For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value. The blue and red horizontal lines on the chart represent a next best probability buy re-entry range and a next best probability sell re-entry range over the short term. The ranges assume no existing position being held by a trader while the probabilities are based on several factors which may include: short term rating, medium term regime, momentum, horizontal or diagonal support/resistance, candle structure, moving averages and standard deviation, among others. These are short term levels and may be in contrast to medium and long term outlooks which are based on the weekly and monthly charts and, which may be applicable to long term investors. These levels are subject to change based on sentiment, the subsequent price action and company/sector specific or macro news flow. As always, while the levels are outlined, traders should be prepared to adjust in real-time based on the aforementioned. "Strategy Alerts" help clients identify trading opportunities. When a ticker's real-time or pre-market price action aligns with the criteria on a slide—such as a pullback to the 21-day EMA or a breakout from a consolidation base—it effectively "matches" that stock to the strategy, triggering an alert to a potential trading opportunity. This approach transforms the playbook into a dynamic scanning tool, allowing you to instantly categorize active stocks by the specific technical thesis playing out, ensuring that every trading potential opportunity communicated is backed by a predefined, actionable setup. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. TRADING TIP # 1 Let The Candle Confirm Out of all those available, Candlestick Charts are the most widely used when it comes to analyzing price from a technical perspective. The interpretation thereof helps traders to understand the interaction between market participants and informs who is in control between buyers and sellers. Various types of candle formation convey key information about the range of outcomes for a share for example, following a downward trend, a long lower tail, doji, piercing or bullish engulfing suggests that buyers have started to become active/started to take an interest while following an upward trend, a long upper tail, doji, dark cloud cover or bearish engulfing suggests that sellers have started to become active/started to take an interest. While information is conveyed pre-market, it is the intraday price action that will confirm any trade or opportunity. While we have a plan, we are also ready to switch gears as the price action develops. TRADING TIP # 2: Failure & Reclaim FAILURE to hold a prior session high/range high may signal that the upside momentum is slowing and that an opportunity to short/sell may be at hand. This is often reflected via a deteriorating candle structure which suggests that sellers are starting to take control. Examples of such candles are long upper tails, doji's, dark cloud covers, bearish engulfing candles etc. RECLAIMING a prior session low/range may signal that the downside momentum is slowing and that an opportunity to buy may be at hand. This is often reflected via a improving candle structure which suggests that buyers have started to enter and are looking to take control of the price action. Examples of such candles are long lower tails, doji's, piercing candles, bullish engulfing candles etc. TRADING TIP # 3: Take Note of the 'Igniting Bar' This is a large green or red candle which suggests that traders should: TAKE NOTE note of the change in characters and potential change of the trend. TAKE NOTE of a potential acceleration of the trend. TAKE NOTE of potentially aggressive buy or selling Often, BIG MOVES start with BIG MOVES. Core Trading Principles: Short and Medium Term Trade with the primary trend. Volume Matters. This represents the interest of large institutional investors who have the ability to move a share, both up and down. Do not short/sell a share that is above, and in close proximity to it’s rising 8 and 21-day moving averages. This trend can persist for an extended period. Ultra short term traders, if a share has advanced strongly over a 3-7 day period, book profits. You can always re-enter and do the same trade at lower levels. If a share is printing a large bullish (green) candlestick following an extended move, use the strength to sell. The likelihood that the share retraces is high. If a share is printing a large bearish (red) candlestick following an extended move to the downside, use the weakness to start a long position. The likelihood that the share rebounds is high. Trade in the direction of the 20-day moving average, using the MA as a level to enter as well as a hard break thereof as a trailing stop-loss. The 8 and 21-day moving averages often act as support and resistance levels. When they are turning down, use them as levels to sell into. The opposite applies when they are turning up. The first back-test and undercut of the 50/75-day exponential moving average range has a high probability of holding as support or resistance. Buy or sell it for a 1-3 day move to generate cash flow. Stocks above a rising 200-day moving average spend the majority of their time trending higher. The opposite applies when the 200-day is trending down. Previous support can turn into resistance and previous resistance can turn to support. Use these zones as levels to trade against. Support and resistance levels and key moving averages are ranges rather than exact levels. They often overshoot these zones before occasionally reversing at these levels. Respect the FIB (Fibonacco) retracement zones. They often act as support and resistance levels. ‘PAY-tience Pays’, however be nimble to react to opportunity to cut when a trade hasn’t been working. Above all, know your time horizon. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za Analyst: Disclosure: The commentary below was generated using an artificial intelligence tool, based on the analyst's own inputs/data. Core Thesis Spot Gold is experiencing a violent momentum reset. The current alignment of bearish indicators suggests that the market is prioritizing liquidity, with sellers dominating the tactical landscape. The core strategy is to exercise patience; the quantitative edge is found in observing how the price interacts with the 4,000.00 structural pivot, rather than attempting to catch the falling knife in the current high-velocity flush. 🟥 Structural correction 🟥 Tactical capitulation 🔎 Pullback observation 🟩 Buy/Long reward-to-risk: 🟢 Appealing Sell/short reward-to-risk: 🟧 Unappealing Current phase: 🔴 High-velocity markdown / capitulation Next best-probability phase: 🟡 Tactical mean-reversion / volatility stabilization Analyst verdict: ➡️ Awaiting structural floor confirmation / preserve capital Spot Gold [4119.53] is currently undergoing a sharp, high-velocity tactical flush. The asset is exhibiting aggressive markdown characteristics across all primary timeframes as momentum engines experience a synchronized descent from overextended levels. Because the Tactical (Daily), Strategic (Weekly), and Secular (Monthly) momentum indicators are all trending lower—with the Daily and Weekly engines plunging into WEAK to HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD territory—the current price action reflects a period of intense liquidity withdrawal. The asset has entered a 🔎 Pullback Observation phase, identifying this as a high-volatility window where market participants are observing whether structural floors can successfully arrest the current capitulation velocity. Momentum Profile Daily Chart (Tactical): Mid Term Momentum is WEAK at 32.27. The daily engine is rapidly approaching the HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD threshold, confirming dominant selling pressure and a high probability of a mean-reverting bounce. Weekly Chart (Strategic): Mid Term Momentum is HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD at 23.35. This level has collapsed into the deeper momentum tiers, validating the intensity of the current drawdown. Monthly Chart (Macro): Mid Term Momentum is NEUTRAL at 48.13. The secular engine has mean-reverted to the neutral baseline, indicating that the long-term trend is currently stabilizing after a period of extreme expansion. Structural Breakdown & Velocity 1-Day Structure (Vertical Markdown): The daily chart reflects a sharp, impulse-driven decline, breaking through intermediate support levels with high conviction. Weekly Structure (Trend Inversion): The weekly perspective shows a significant structural shift as the asset retests long-term trend baselines following the recent parabolic top. Monthly Structure (Secular Core): Despite the current tactical weakness, the monthly view confirms the asset remains within a dominant multi-year uptrend structure, currently testing a major re-entry pivot. Contrarian Asymmetry & Support Mapping Primary Upside Target (The Reward): 4,500.00 – 4,800.00. This zone identifies the primary overhead supply block where previous distribution occurred. Structural Risk Pivot (The Invalidation Point): 3,800.00 – 4,000.00. The critical structural floor. A sustained breach below this level would signal a more protracted corrective regime. Asymmetry Observation: The interaction between the current price and the 4,000.00 structural pivot presents a high-variance environment; market participants are assessing whether this level acts as a floor for a new markup cycle or a trigger for further structural breakdown. Technical Valuation & Variance Matrix Estimated Technical Fair Value (TFV): 4,050.00. The calculated equilibrium point where recent volume-at-price clusters have formed. Current Price Variance: The asset is currently trading at a marginal premium to its near-term TFV, signaling that tactical sellers are still in control of price discovery. Asymmetry Ratio: The current setup offers a speculative risk-reward variance, contingent on the asset’s ability to defend the 4,000.00 structural baseline. Tactical Probability Profile Long: Immediate Market Entry | 20% (Risk of continued capitulation) Long: At 3,950.00 Structural Pivot | 75% (Optimal contrarian re-engagement) Long: At 3,600.00 Macro Base | 90% (High-conviction structural entry) What Can Change? Bullish Resumption: A daily close reclaiming 4,400.00 would signal the end of the capitulation phase and suggest that structural buyers are re-entering the market. Momentum Divergence: A new price low accompanied by a rising RSI would suggest that the current selling velocity is exhausted, likely preceding a mean-reverting rally. Macro Failure: A weekly close decisively below 3,800.00 would invalidate the secular bullish thesis and signal a broader, more severe structural correction. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Vukile Property Fund (VKE) Previous Post: Wednesday 17 June Buy on Pullback: JSE Property Share Provisional Trading Levels: Buy on pullback 2350c to 2390c Stop-loss: 2302c Target: 2600c Vukile Property Fund Limited (VKE) is exhibiting a powerful intermediate-term recovery rally, aggressively bouncing off its primary macro consolidation floors to challenge multi-year structural highs. Following a multi-month period of necessary distribution and sideways digestion that cooled off historic overextensions, the asset has established a robust support base near the 2,200c–2,250c demand block. The latest daily price action reveals an intense expansionary thrust, surging +3.66% on the day to close at 2,435c and driving short-term tactical momentum firmly into overbought territory. With the weekly and monthly timeframes remaining strongly anchored in highly constructive secular uptrends, this momentum acceleration signals that institutional accumulation has aggressively resumed, setting the stage for an eventual breakout into fresh multi-year expansion. 🟩 Tactical Expansion Phase | The asset has violently decoupled from its recent local consolidation floor, initiating a sharp tactical markup phase backed by a strong resurgence in buying pressure. 🟨 Short-Term Overbought Extension | The velocity of the immediate daily thrust has pushed short-term momentum metrics deep into overbought zones, signaling localized extension that may require brief lateral digestion. 🟢 Secular Trend Dominance | The long-term multi-year compounding advance remains perfectly intact and uncompromised, underwriting all lower-timeframe pullbacks with a highly favorable macro tailwind. Verdict: 🟩 Tactical Breakout | 🟨 Momentum Acceleration | 🟢 Buy on Pullback Reward-to-Risk (R:R) Dynamics: The Immediate LONG: Moderate-to-Poor. Entering precisely as the daily RSI prints 80.81 forces a wider stop-loss and reduces near-term asymmetric efficiency. The Tactical SHORT: Extremely Poor. Attempting to fade an accelerating institutional leader backed by an uncompromised monthly bull market carries an exceptionally high risk profile. The Pullback LONG: Favorable. Patiently buying minor daily mean-reversions back toward internal support shelves offers excellent asymmetric parameters. READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Datatec Ltd (DTC). Today's high = 9411. Current level = 9387c. Previous Post (Thursday 18 June):💡Trade Setup: Base / Cup & Handle Formation With R100 Target Datatec Ltd (DTC) Current level (price at time of writing): 8548c Stop-loss: 7820 Target: R100 READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Running +10.94% Previous Post (Wednesday, 03 June) 📝Trading Note: Volume Picking Up In This Small Cap Consumer Share + Base Developing / 🟩Bullish Oceana Group (OCE) Zooming Out READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Premium Content > https://www.unum.capital/post/premiumcontent Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes MTN Group Previous Post (Friday 12 June) 🟩Initial Target of R203 Exceeded ✔ Approaching Extended Bull Case Target of R230 to R240 Previous Post (19 May): Recently, we reached our long term target at R203. This is an update on the current reward-to-risk. Previous Post (26 February): MTN Group: Long Term Target Exceeded at R203. Today's High = R207 Full move of +38% vs the buy re-entry range. Please see the previous post (further below) where the R203 target is mentioned. Previous Post: 18 January (Link To Post > https://www.unum.capital/post/mtn1801 Medium Term Regime: High Bullish Momentum Biggest Technical Risk: A false breakout, a slowdown in upward momentum and a bearish reversal. The share is due a pullback however, the long term target is near the R203 level (prior swing highs). Previous Post (02 January 2026) Take Profits on MTN Group: Running +12% (Short Term Traders) The share traded into the buy re-entry range (R148 - R151) with a strong rebound a high of R172 on the first trading day of 2026. Well done short term traders. Previous Post (12 December): 2x Opportunities: One Sell. One Buy. Same Share MTN has given clients opportunities on both the Sell (Short) and Buy (Long) side. Intraday Traders: Take Profits on this MTN Group rebound out of the buy re-entry range. Strong rebound from 14950c to above R158. Ultra Short Term and Short Term Traders: Hold Previous Post (30 November) MTN Group: Shorts in the Money + Where to Buy Next (Short Term Traders) Update on 30-Nov: MTN is now R18 lower from the sell re-entry range, with the share having sold off further on Friday (-2.61%). The candle structure continues to deteriorate, reflecting aggressive selling pressure. For short term/active traders, the next best provisional buy re-entry range (for a small rebound) is 14800c - 15100c. The updated chart, as of Friday's close is shown below: Previous Post (Friday, 28 November, Pre-Market): MTN Group: Shorts in the Money + Where to Buy Next In the previous note, our CORE THESIS was that the share was 'Structurally Bullish, But Extremely Overbought' with 17160c to 17500c was marked as a key resistance level. Since then the share was rejected off this range on multiple occasions with a new multi-week low of 16105c being reached during yesterday's session. The 8 and 21-day EMA has been breached while the price close the session below a flat to rising 8-week EMA. The next best provisional buy re-entry range is marked at the rising 21-week EMA which is roughly in line with the previous breakout level (14867c to 15128c but subject to change as the news flow and price action develops. Trading Notes (Where Applicable): READY TO TRADE: ACTIONABLE AREAS: For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value. The blue and red horizontal lines on the chart represent a next best probability buy re-entry range and a next best probability sell re-entry range over the short term. The ranges assume no existing position being held by a trader while the probabilities are based on several factors which may include: short term rating, medium term regime, momentum, horizontal or diagonal support/resistance, candle structure, moving averages and standard deviation, among others. These are short term levels and may be in contrast to medium and long term outlooks which are based on the weekly and monthly charts and, which may be applicable to long term investors. These levels are subject to change based on sentiment, the subsequent price action and company/sector specific or macro news flow. As always, while the levels are outlined, traders should be prepared to adjust in real-time based on the aforementioned. Previous Post MTN Group: Sharp Pullback (-1000c) From Exhaustion Zone (In Line With Note As discussed (exhaustion zone circled in red). 🎥Watch Video: MTN Group - Bullish Reversal From 21-Week EMA (+24%) + Updated View Previous Post (03 September) 🎥Watch: Discussing MTN Group (21-Week EMA Strategy) Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Note: all data and readings are subject to change as the news flow and price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Sanlam Ltd (SLM) - the share traded into the middle of our buy re-entry range which was followed by a strong rebound. Previous Post (13 March): For our clients trading Sanlam Ltd (SLM). Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS: For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value. The blue and red horizontal lines on the chart represent a next best probability buy re-entry range and a next best probability sell re-entry range over the short term. The ranges assume no existing position being held by a trader while the probabilities are based on several factors which may include: short term rating, medium term regime, momentum, horizontal or diagonal support/resistance, candle structure, moving averages and standard deviation, among others. These are short term levels and may be in contrast to medium and long term outlooks which are based on the weekly and monthly charts and, which may be applicable to long term investors. These levels are subject to change based on sentiment, the subsequent price action and company/sector specific or macro news flow. As always, while the levels are outlined, traders should be prepared to adjust in real-time based on the aforementioned. "Strategy Alerts" help clients identify trading opportunities. When a ticker's real-time or pre-market price action aligns with the criteria on a slide—such as a pullback to the 21-day EMA or a breakout from a consolidation base—it effectively "matches" that stock to the strategy, triggering an alert to a potential trading opportunity. This approach transforms the playbook into a dynamic scanning tool, allowing you to instantly categorize active stocks by the specific technical thesis playing out, ensuring that every trading potential opportunity communicated is backed by a predefined, actionable setup. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Earlier this month (Sunday 07 June) we highlighted the share as a buying opportunity, under the condition that the price traded into the provisional buy range. The share traded into the buy range and rebound strongly (+19%), helping traders lock in profit and generate cash flow. We have since seen the share roll back over, remaining weak but possibly offering an opportunity to buy on lower levels. The price action model highlights a 'weak' regime while the short term reading states the share is becoming attractive for a small buy/long position. The medium term reading notes aggressive selling while warning traders to wait for the lower time frames to stabilize. On the highest time frame, there is a 'probability of a small rebound'. Best probability provisional buy range: 3200c to 3420c Stop-loss: 3010c Target: Open All levels are subject to change as the news flow and price action develops. Previous Post (Friday, 12 June): 🟩Making Money on Sibanye Stillwater ✔ Take Profit On This Rebound +7.4% The share traded below 3700c (low of 3694c), giving traders an opportunity to accumulate. The share is currently higher by 7.4% from 3700c. For short term traders, the rebound creates an opportunity to take profit. Previous Post (Sunday 07 June) 💡🟩JSE Platinum Share: Bearish Trend, But Prints Below 3700c Creates Oversold Buying (Rebound) Opportunity (1) regime = high bearish momentum / approaching oversold (2) 200d breakdown (3) very poor candle structure (4) trading on neckline support (likely to break lower) (5) unfilled gap at ~4000c and ~3819c (6) aggressive selling candle take it down to the 200-week near 3700c-3400c READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Why Trade With Unum Capital? Awarding-Winning Proudly A-Book Regulated Chart & analysis as of Friday 19 June at 15h12. Naspers Ltd (NPN) 🟥 Appears vulnerable to a break of a medium term support level that has been tested on several occasions. 🟩 Approaching it's rising 200-week SMA buy 🟧 vulnerable to a break of this level which can take it down to support near R730. 🟥Trading below all short and medium term moving averages (bearish) READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital

Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities Free Content: June 2026 > https://www.unum.capital/post/rjune2026 Trade Local & Global Financial Markets with Unum Capital. To get started, email tradingdesk@unum.co.za NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes Are you garnering insights from our research but executing your trades at one of our competitors? Switch to Unum Capital today. Chart and analysis as of Friday, 19 June at 16h09. Previous Post (12 May) JSE Mining Share: Massive Winner For Unum Clients, Now With An Early 'Caution' Signal🟥 BHP Group from 41800c to 71400c. Now, see the price action model reading. READY TO TRADE: ACTIONABLE AREAS For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value, specifically by helping to determine the best potential times and levels to commit capital. The blue and red horizontal lines on the chart represent a next-best-probability buy re-entry range and a next-best-probability sell re-entry range over the short term. The ranges assume no existing position is being held by a trader, while the probabilities are based on several factors, which may include: Short-term ratings and medium-term regimes Momentum indicators Horizontal or diagonal support and resistance Candle structure Moving averages and standard deviation Please note that these are short-term levels and may contrast with medium- and long-term outlooks, which are based on the weekly and monthly charts and are generally more applicable to long-term investors. These levels are subject to change based on market sentiment, subsequent price action, and company/sector-specific or macroeconomic news flow. As always, while the levels are outlined to guide your capital deployment, traders should be prepared to adjust in real-time based on the aforementioned factors. THE TACTICAL TRADING GUIDE (PRICE ACTION MODEL): UNCOVER OPPORTUNITIES & ASSESS REWARD-TO-RISK It helps helps clients determine and shed light on the some of the following: The CURRENT TECHNICAL POSITION and a PRICE ACTION PROBABILITY for multiple time frames. 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. The data set is available in real-time (on request) The readings are subject to change as the price action develops. Lester Davids Senior Investment Analyst: Unum Capital