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CPI Capitec traveling in an upward channel, bouncing off support

Long
CAPITEC BANK HLDGS LTD (JSE:CPI)  
RossLarter  
JSE:CPI   CAPITEC BANK HLDGS LTD
Trend Analysis
5
0
trendanalysis
CPI Capitec is traveling in an upward channel, having bounced off the support on 11th October, showing a hammer candle - indicating a possible short term trend reversal. First target is the resistance area at around R1028 and second target R1077
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