Peet_Serfontein

CPI: time for a pullback?

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
Above 199200 supports a bullish trend direction.
Trend strength indicates a strong trend gaining strength.
Fading downside price momentum (see the lower panel) supports the bullish bias.
RSI leaves enough room for further upside price potential.
At the lower range of the Bollinger Bands . This increases the likelihood of a pullback.




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