VillageTraderZA

The break is insight

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
Cup and handle / Bullish flag / Head & Shoulders

The stock looked like it was breaking on Friday. However, closed back within the flag/Handle. A nice cup and handle formation on the chart at the moment, which is also a head and shoulders plus a bullish flag . That’s quite some wind behind this trade. A break through 147837c. Confirms the trade for me. Even better above the 152500c.

For now I wait for the break through 147837c

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