LD_Perspectives

Capitec Bank - Weekly Chart Worth Noting

JSE:CPI   CAPITEC BANK HLDGS LTD
Capitec Bank (CPI, 170863) | My most recent long idea was from R1499 on 05 May with the target of R1700 reached on 02 June. I'm not recommending a long here but having reviewed the weekly chart in recent months, I've noticed an inverse head and shoulder technical formation that has developed, with both a breakout and a back-test that held during mid-July. Shorts, caution.
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