Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za 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 ne

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za The target of 7400c was reached. As noted in the previous commentary: (8) Primary tactical upside target is approximately 7,400 ZAC." Updated view as of end of day, Wednesday 04 March 2026. Previous Post (Wednesday, 25 February): Trading Sibanye Stillwater (1) Potentially advancing from consolidation; re

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Ascertaining an instrument's price % distance vs it's 75-day EMA is an effective way of measuring the short to medium term reward-to-risk. The 6 Shares Below Are Trading 15% or More Below Their 75-Day EMA's (Short Term Opportunity). Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za >>> Most recently the share reached the full downside target of R310. https://www.unum.capital/post/cls2701 Analyst's Price Action Model For some context, the weekly chart is showing signs of LONG TERM deterioration! Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za R317 to R296 over 3 1/2 sessions! See the PRICE ACTION MODEL further below for the technical risks communicated! Previous Post (Thursday 26 February 2026): Nedbank: Extending Gains to +47%. This is the Current Price Action Model Reading Previous Post (12 February): Take Profits on Nedbank: Running +34% (M

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Published on Sunday 22 February for Monday 23 February. Previous Post (Sunday 22 February 2026): Near Term Spike Into Medium Term Overbought Conditions Could Create Short/Sell Opportunity Analyst's Price Action Model ABG Daily Chart Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE ARE

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (Tuesday 03 March at 14h00): Now +63% Higher vs Initial Buy Re-Entry Range Previous Post (Monday, 02 March): Thungela Resources: 1st Target Reached at R118. Now +50% Higher vs Buy Re-Entry Range As noted on Sunday, 11 January in the note "Thungela Resources' Medium & Long Term Target": "Next

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Short term traders consider taking profit. Medium and long term term traders: Hold, with trailing stops. Previous Post (26 January): Global Idea: United States Oil Fund Buy at $73.95 or lower Target(s): $115.00 Stop-loss: $58.00 Code: USO Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Now +63% Higher vs Initial Buy Re-Entry Range Previous Post (Monday, 02 March): Thungela Resources: 1st Target Reached at R118. Now +50% Higher vs Buy Re-Entry Range As noted on Sunday, 11 January in the note "Thungela Resources' Medium & Long Term Target": "Next potential upside target? R118 then R130. O

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Subsequently, a base was built in December and January with upside follow-through thus far this year. Geopolitics a MASSIVE DRIVER! Previous Post (19 November 2025): Brent Crude Oil: Attempting A Bullish Reversal Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za On Friday, 4 out of the 5 banks stated 'AT or APPROACHING SELL/REDUCE' ABSA...ROLLING OVER STANDARD BANK...ROLLING OVER Previous Post (Friday, 27 February): JSE Banks: Momentum Dashboard 🟢🟡🔴 Click on the images to enlarge Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za (1) Potentially executing a short-term tactical bounce from recent structural support, though we must remain open to the probability of continued medium-term consolidation or further testing of the lows. (2) The monthly Quarterly Pulse and Fast Monthly reflect strong momentum, while the longer-term Secula

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za (1) Potentially executing a structural correction from recent cycle highs, though the underlying macro trend may still remain intact. (2) The monthly Core Baseline remains strong, but the Quarterly Pulse has plunged into high bearish momentum, reflecting a sharp macro retracement. (3) Weekly Tactical Mome

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za (1) Potentially continuing its historic secular melt-up into blue-sky territory, though minor retracements remain a statistical possibility given the macro stretch. (2) The 10-day candle structure reveals a successful higher low base formation, potentially providing a firm launching pad for the broader ad

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Short term traders consider taking profit. Medium and long term term traders: Hold, with trailing stops. Previous Post (26 January): Global Idea: United States Oil Fund Buy at $73.95 or lower Target(s): $115.00 Stop-loss: $58.00 Code: USO Lester Davids Senior Investment Analyst: Unum Capital

Research Notes March 2026 > https://www.unum.capital/post/rmar2026 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tradingdesk@unum.co.za Previous Post (17 February):🎥Video: Trading Silver (Short Term) 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.