This page is updated as the price action and news flow develops and, as opportunities are identified in real-time. Research is published DAILY and can be accessed at the following link: www.unum.capital/blog
Yesterday (Thursday) I discussed Amazon, Anglo American Plc, Ninety One, Impala Platinum, State Street (and more). In case you may have missed it, you can read it here: https://www.unum.capital/post/active-trading-plan-thursday-10-october-2024
Unum Research Attains 3rd Place In The 2024 Securities Broker Awards.
Read More Here: https://www.unum.capital/post/unum-research-awards
COVERAGE: Notes Added Thus Far Today/Overnight
U.S Financials (Video/Watch)
DRD Gold - Cash Flow For Active Traders. Strong Upside Follow-Through!
Tesla Price Action: Cybertruck vs Robotaxi
Shoprite (SHP)
LISTEN: Clicks Group (CLS)
LISTEN: Impala Platinum (IMP)
JSE Top 40 Index
Harmony Gold (HAR) - Strong Rebound As Per Model Reading
Offshore: HubSpot Inc (HUBS)
Offshore: Copart Inc (CPRT)
Offshore: Cloudflare (NET)
Thungela Resources: Possible Resistance Into 200-SMA
Anglogold Ashanti (ANG) - Strong 2-day Bullish Reversal
Most Overbought/Oversold
Strongest/Weakest Open To Close
U.S Financials (Video/Watch)
Added on Friday, 11 October at 16h15
DRD Gold - Strong Upside Follow-Through. As highlighted at the beginning of this week, the share flagged on the Trade Setups sheet.
Note Added: Friday, 11 October at 13h16
Tesla's Price Action. Last night Elon Musk and co. revealed the group's Robotaxi. With the share having advanced into the event, pre-market sees the price lower by close to 6%. Anyone remember the 2019 Cybertruck reveal and subsequent price action - gap down then rally? Maybe a similar setup here!
Note Added: Friday, 11 October at 12h20
Long-time clients of Unum Capital will recall Tesla being an investment idea in September 2017 at $24...all time high was $410!
SHP Shoprite Holdings | Very neutral/rangebound at current levels + capped by the 8-day ema. If the share rallies from current levels, the declining 21/50-ema (at roughly the same level) could act as a resistance zone and a next best probability level to sell into.
Note Added: Friday, 11 October at 11h20
LISTEN/LOOK To: Comment on Clicks Group (CLS)
Added on Friday, 11 October at 09h38
LISTEN To: Comment on Impala Platinum
Added on Friday, 11 October at 09h30
JSE Top 40 Index (J200)
Note Added: Friday 11 October at 08h16
Harmony Gold HMY (NYSE Listing)
Note Added: Thursday 10 October at 21h20
Massive rebound in the US this evening (+7.8%). Our traders will have seen the potential for a rebound as per the Tactical Trading Guide (time-stamped Tuesday evening at 7.30pm).
"Expect a small rebound" as per the reading.
These are cash flow generating opportunities.
Offshore: HubSpot Inc (HUBS)
Note Added: Thursday 10 October 2024 at 20h27
Re-emerging momentum; buy idea.
Offshore: Copart Inc (CPRT)
Note Added: Thursday 10 October 2024 at 20h23
Igniting bar; early stage momentum; buy idea.
Offshore: Cloudflare (NET)
Note Added: Thursday 10 October 2024 at 20h20
Igniting bar; early stage momentum; buy idea.
Thungela Resources: Strong Price Action However, Possible Resistance Into 200-SMA
Note Added: Thursday 10 October at 18h17
WELL DONE TO CLIENTS WHO MAY HAVE ACTED ON THE OPPORTUNITY.
Anglogold Ashanti (ANG) - Strong 2-day Bullish Reversal
Strongest/Most Overbought/High Bullish Momentum as of the last close.
Weakest/Most Oversold/High Bearish Momentum as of the last close.
Most Dominant Buyers (Open To Close)
Most Dominant Sellers (Open To Close)
Lester Davids
Analyst: Unum Capital
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