Taahir_Joosub

Capitec-approaching major resistance zone

Short
JSE:CPI   CAPITEC BANK HLDGS LTD
Capitec is approaching it's all time highs. Expecting this zone to become resilient resistance and entice profit taking. We can see both trend and horizontal resistance lines converging around this level. RSI very strong and expecting a retest of prior downtrend line established from previous high breakdown.
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