Sure_Trading

CPI long opportunity

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
JSE:CPI looks like it may be gearing up for an upward move. After a recent pretty successful Cup and Handle pattern it has retraced downwards to the top of the cup, tested that level and then bounced back up again. If it breaks above the high created on Friday, I think we could see it moving upward to at least the highs of mid-June, if not higher.
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