Beautiful cup and handle on Capitec. If The stock break the 147852c even better if we can take out that high. I will potentially add into my position with a limit order a few points above the 152500c. Projecting the higher of the cup makes 216057c The break of the bull flag(handle) is also a nice entry. Perhaps adding to the position once the stock breaks the 147852c resistance level. And again as it takes out the high. Patience is needed here this could take a while.
Price action on the daily chart is looking good. The stock holding the 50d EMA as support. Making a higher low. A fair bit of volume coming in. Since it closed above the 50d EMA. There's some good wind at the back
Price action on the daily chart is looking good. The stock holding the 50d EMA as support. Making a higher low. A fair bit of volume coming in. Since it closed above the 50d EMA. There's some good wind at the back
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