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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 Free Content Harmony Gold (US Listing, HMY) Previous Post (Wednesday 10 June at 20h44 - US Trading Session) Analyst Disclosure: The content below was generated using an artificial intelligence tool, based on the analyst's own charts, data, inputs and specified indicators. Time: 20h44 on Wednesday 10 June. Thesis Summary 🟢 Buy on pullback Harmony Gold is currently navigating a significant technical correction within a powerful, structural multi-year secular bull market. After printing an aggressive cyclical peak near 26.00 in early 2026, the asset has entered a healthy, required mean-reversion phase to unwind extreme momentum extension. The daily chart shows immediate deceleration as the price approaches a major historical demand shelf. This corrective move represents a high-probability tactical opportunity for long-term participants to accumulate exposure inside a proven structural support block. Reward-to-Risk (R:R) Dynamics | 🟢 Buy on pullback. The Immediate LONG: Highly Favorable R:R. Entering at current levels (approx. 14.59) allows for a well-defined defensive invalidation level placed just beneath the major 12.50 macro shelf, while targeting a primary recovery back toward the 19.00 overhead resistance cluster. The Immediate SHORT: Poor R:R. Shorting an institutional momentum leader directly into a primary change-of-polarity zone that has successfully absorbed multi-year liquidation is a low-probability maneuver. The Structural LONG: Superior R:R. For macro allocators, this tactical cooling period offers an ideal risk-asymmetric window to build long positions with a strong margin of safety. Support Zone Mapping | 🟢 Buy on pullback. Immediate Tactical Support (The Local Base): 13.50 – 14.80. The active daily demand zone where the current downward momentum is beginning to stabilize. Secondary Support Shelf (The Major Breakout Axis): 11.50 – 12.50. A critical multi-month historical consolidation ceiling from late 2024 that should act as an absolute structural floor. Primary Macro Support (The Secular Floor): 8.50 – 10.00. The deep historical baseline supporting the entire post-2023 secular markup cycle. Tactical Probability Profile Action Logic: Why two buy actions? Buy on Pullback addresses the immediate technical edge; it captures the high-asymmetry opportunity available while the asset trades directly inside a multi-tested demand block. Buy (Continuation) remains reserved for momentum-focused strategies waiting for a decisive daily close above the 16.50 local lower high to confirm that the immediate corrective regime has officially concluded. 🟩 LONG: At Current Accumulation Base | 75% 🟢 (Buy on pullback) 🟦 LONG: On Daily Breakout Above 16.50 | 60% 🟦 (Buy continuation) 🟩 LONG: At 12.00 Structural Shelf | 85% 🔵 (Buy on deeper pullback) 🟧 SHORT: Tactical Fade Near 19.50 | 35% 🟨 Technical Valuation & Variance Matrix Estimated Technical Fair Value (TFV): 15.25. Calculated using the primary volume-weighted equilibrium point where the core horizontal consolidation baseline intersects the long-term structural moving average. Current Price Discount: The asset currently trades at a tactical -4.33% discount relative to its Technical Fair Value, indicating that recent selling pressure has pushed the price into an undervalued short-term technical pocket. Tactical Upside Potential: +30.23% to the primary structural target of 19.00 (and +78.20% to the absolute historic high near 26.00). Tactical Downside Risk: -14.33% to the definitive tactical invalidation floor (12.50) and -24.61% to the high-conviction secondary macro base (11.00). Asymmetry Ratio (R:R Metrics): At current pricing, a trade targeting a return to the 19.00 key resistance while risking against a confirmed structural breakdown of the daily base offers an explicit 2.11:1 Upside-to-Downside ratio. What Can Change Structural Failure: A daily close below the 12.50 support line would invalidate the immediate tactical bottoming thesis, opening up an air pocket for an extended liquidation move toward the 10.00 secular shelf. 🟥 Impulsive Re-acceleration: A clean daily close above 16.50 accompanied by expanding volume would confirm a shift back to an aggressive market regime, raising the probability of a fast run to 19.00. 🟦 Prolonged Sideways Drift: If the price fails to reclaim the 16.50 trigger zone over the short term, the market will likely lock into an extended time-wise distribution block between 13.80 and 15.80. ⬜ Structural Breakdown 1-Day Structure (Basing Phase): As demonstrated in file HMY_2026-06-10_20-28-34.png, the daily frame depicts a mature corrective move encountering a strong structural floor. The immediate price action shows downside deceleration with localized tail-wicks, indicating that institutional capital is beginning to absorb supply at these valuation limits. Weekly Structure (Orderly Pullback): As demonstrated in file HMY_2026-06-10_20-28-29.png, the weekly lens reveals a textbook technical correction within a major bull market regime. This multi-week pullback has effectively normalized the extreme technical overextension seen in late 2025 without damaging the primary upward trend geometry. Monthly Structure (Secular Advance): As demonstrated in file HMY_2026-06-10_20-28-24.png, the multi-decade lens highlights a powerful, long-term secular markup phase. The recent pull-back is categorized as a healthy, high-level consolidation following a historic multi-year breakout, keeping the primary macro cycle firmly positive. Velocity & Slope Analysis 1-Day Slope (Neutralizing / Bottoming): Approx. -5 to 0 Degrees. The steep negative velocity that characterized the initial descent has flattened out significantly, confirming that the short-term selling momentum has reached a point of near-exhaustion. 10-Day & 20-Day Slope (Corrective): Approx. -25 Degrees. The intermediate-term trajectories remain technically negative but are flattening rapidly, indicating a volatility compression that typically precedes a primary reversal move. Secular Slope (Monthly): Approx. +40 Degrees. The long-term macro trend line maintains an aggressive, highly robust upward trajectory, providing the primary institutional wind at the asset's back. Momentum Profile Integration The Faster Tiers: Both the Ultra Short Term and Short Term momentum tiers have successfully completed an entire reset cycle from their recent overbought extremes. They are currently testing key historical reversal zones, proving that tactical sellers are rapidly losing control of the immediate market path. The Slower Tiers: The Structural Trend (Weekly) and Secular Cycle (Monthly) momentum profiles continue to defend strong structural territory, holding well above past cyclical breakdown baselines. Because the higher-timeframe engines remain firmly supportive through this consolidation, the broader technical weight of the evidence heavily favors a trend continuation pattern. 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 Free Content: Mueller Industries is a global industrial manufacturer that produces and distributes metal, plastic, and HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) components. They are a major supplier to the building construction, automotive, military, and plumbing sectors. Buy $142 to $137 Last Close 138.09 (Pre-market 140.22) Stop-loss: $125.00 Target: $177 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 Free Content: Re-emerging momentum within a long term base. Buy $218 to $228 Last Close 223.54 (Pre-market 227.00) Stop-loss: $190.00 Long Term Target: $275 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 In under 12 months, State Street Corp (STT) exceeded the target of $130 and is currently trading at $167 (pre-market = $169). Previous Post (30 June 2025) Global Idea: State Street (STT) - Strong Candle Structure via Weekly Chart; Looking To Break Out of a Multi-Year Base Long term target = $133 Stop-loss = a weekly close below $90 Last close = $106 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 Free Content 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 Free Content We did not see much lower levels on the share as it only traded slightly lower on the next day. Two alerts on the Price Action Model which was sought in real-time: Short Term (1 to 10 days): "The reward-to-risk is becoming appealing for a buy/long" Long Term (5 to 8 days): "....probability of small rebound" Well done to clients who are actively participating in these opportunities. Previous Post (Wednesday 10 June at 10h16am) 🟩 Early Buy Reading: Lower Levels Expected Before Tactical Rebound Valterra Platinum (VAL) 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 Free Content. When published intraday, JSE prices are delayed by 15-minutes. Previous Post (Monday 08 June) 🟩Pending Short Term Buy Setup: Monitor Price Action at ~R250 to ~R257 NORTHAM PLATINUM We initially warned on the share above R380. It briefly traded to above R450 before commencing a multi-month pullback (now below R270). Provisionally, look for short term support near R250 to R257. Previous Post (20 January) Distance Divergence: Short Term Caution on This Platinum Share High bullish momentum with some risk in the form of distance divergence where the price develops a HIGHER HIGH, while the indicator develops a LOWER HIGH. Upper Panel = Price Lower Panel = Distance vs 200-Day Simple Moving Average Medium Term Traders = Reduce See our note on the 4 Platinum Miners earlier this Month (07 January). Link as follows > https://www.unum.capital/post/jseplat0701 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

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 Free Content The share trade below the 50-week EMA and rebounded by +12% as of this morning. As stated in the original note (based on the price action model): "Buy on deeper pullback 🔵 scenario, specifically targeting support at or just below the 50-EMA, where a structural reclaim of that level would be required to trigger a definitive rebound buy." Previous Post (AngloGold Ashanti Wednesday 03 June at 7h42pm, US Trading Session) JSE Gold Miner: Weak Trend But Is Approaching 50-Week EMA Support The aggregate price action for ANG indicates a highly vulnerable technical structure in the immediate term. The primary regime across the Mid and Base terms reflects distinct weakness, anchoring the asset in a definitively Bearish 🟥 posture. Across the short and medium-term forward projections, the severe weakness explicitly dictates a hands-off, Neutral ⬜ tactical execution, requiring traders to wait until tangible stabilization materializes on the lower time frames. However, the long-term outlook reveals an underlying steady upward trend that is currently being tested by this lower-timeframe distribution. This overarching structure sets up a conditional Buy on deeper pullback 🔵 scenario, specifically targeting support at or just below the 50-EMA, where a structural reclaim of that level would be required to trigger a definitive rebound buy. 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 Free Content Alerted via Technical Screen (Published on this website at 1pm on Wednesday 10 June). See oroginal note further below: Pan African Resources +10% in 3 days. DRD Gold +9.4% in 3 days. Previous Post (Wednesday 10 June) 🖥️ Technical Screen: JSE Shares That Are Oversold On The Daily Time Frame / Exceptionally Weak But Provide Near Term Rebound Opportunity Technical Screen Snapshot at 13h00 on Wednesday 10 June. What is a Technical Screen? In trading and technical analysis, a technical screen (or "screener") is a systematic process used to filter a vast universe of securities—such as the 100+ liquid names on the JSE or the thousands on the NYSE—down to a manageable shortlist that meets specific, predefined criteria. Rather than analyzing every chart manually, a screen acts as a quantitative "funnel" to identify setups where the odds are mathematically skewed in your favor. Why Professionals Use Screens For an investment professional, a screen is less about "finding a tip" and more about process efficiency and bias reduction: Scalability: It allows an analyst to monitor hundreds of shares across multiple timeframes (Daily, Weekly, Monthly) simultaneously. Objectivity: It removes emotional attachment to specific "story stocks" and focuses strictly on price action and momentum profiles. Early Detection: It identifies sector rotations or "alpha flows" before they become obvious to the broader market. The Goal: A technical screen doesn't tell you what to buy; it tells you what is worth your time to investigate today. It turns a sea of data into a high-probability "watchlist." Types of Technical Screens Rotation: Absolute & Relative Trend & Phase Scans Leading Phase: Strong across all timeframes. Lagging Phase: Weak across all timeframes. Waking Up / Turnaround: Short-term strength appearing in a long-term downtrend. Deteriorating: Short-term weakness appearing in a long-term uptrend. Momentum & Velocity Power Trend: Extreme bullish momentum pushing a strong trend higher. Hyper Momentum: Parabolic, highly volatile upside. Violent Breakout: Explosive short-term push reversing a weak long-term trend. Momentum Squeeze: Timeframe convergence (coiling) usually preceding an explosive price move. Over-extended & Extremes Extreme Overbought: Euphoria across the board. Extreme Oversold: Severe panic selling across the board. Overbought Warning in Bear Trend: Violent counter-trend rally ripe for short-selling. Deep Dip in Bull Trend: Sharp, over-extended pullback in a primary uptrend. Capitulation: Total institutional abandonment. Volatility & Accumulation Steady Accumulation: High-quality, low-drama buying. Low Volatility Compounders: Slow, steady, highly predictable uptrends. High Volatility Momentum: Strong trend with wild daily swings. High-Vol Laggards: Dangerous wealth-destroyers with massive daily swings. Dead Money: Trapped in a tight, directionless neutral zone. Market Structure & Divergences Perfect Bull Alignment: Textbook sequential leadership (Short-term leads medium-term, which leads long-term). Perfect Bear Alignment: Textbook sequential breakdown (Short-term leads the decline, dragging down medium and long-term trends). Bullish Divergence: Shorter timeframes dragging a dead long-term trend higher. Bearish Divergence: Shorter timeframes breaking down while the long-term trend still looks great. Stealth Bull: Creeping accumulation while the long-term chart still looks bad. Stealth Bear: Creeping distribution while the long-term chart still looks good. MT Turnaround: Medium-term momentum just crossing out of weakness, pulled by short-term strength. MT Breakdown: Medium-term momentum just dropping out of strength, dragged by short-term weakness. Transitions & Pullbacks Bull Market Correction: Healthy pullback into weak territory within a strong primary trend. Bear Market Rally: Sharp bounce into strong territory within a primary downtrend. Bullish Stall: Short-term momentum flatlining inside a strong trend. Base Building: Bleeding has stopped, chopping sideways at the bottom. 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 Free Content Note: When published intraday, JSE equity prices are delayed by 15-minutes. Absa Group (ABG) Last close = 24000c Temporarily invalidated below 23300c Target = Gap at ~24800c and previous swing high at ~25200c On 22 February we alerted clients to a SELL opportunity on a spike into ~R280 to ~R288. The share subsequently declined to R225. 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 Free Content The share is attempting to emerge from a double bottom formation where the 2x lows are ~R251. Friday's candle was initially positive but was capped by the declining 75-day EMA. We could however see the share making another attempt to clear this level. Last close at 26050c. Trigger = R262 Temporary invalidated below R254 Target = R275 to R278 We highlighted the downside risk in NEDBANK at R309 on 26 February, with the price action model clearly measuring the (then) reward-to-risk. The share trade from R309 to the recent low of R251. 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 OUTsurance Ltd (OUT) Last Close: 7380c Setup invalidated on a close below 6800c. OUTsurance was a share we discussed at 4780c less than 2 years ago. The most recent high was 8125c, reached one year ago, in June 2025. Monday, 30 September 2024 Time Published: 15h23 The previous measured move target was exceeded Today the share has reached a multi-year high of R60 Now trading close to it's rising trend line resistance Previous Post: Tuesday, 17 September 2024 Real-Time: 09h40 Previous Post Real-Time: 09h41 Ticker: OUT High Bullish Momentum Regime Approaching Measured Move Target Reduce Into Strength Original view, as published to clients Lester Davids Analyst: Unum Capital