CAPITEC BANK HLDGS LTD

JSE

CPI

JSE:CPI formed a piercing line pattern with Friday's close which is a bottom reversal signal. After a preceding downtrend, the green candle opens below the previous day's close and above the middle point of the red real body. It is a bottom reversal signal, but the candles MUST be different colours.

Technically, I like Capitec for a short to medium-term sell down to R1095 (currently trading around the R1284 mark). First step is to wait for the weekly close. If price closes below the upper trendline I've drawn in, that would suggest that the recent highs just aren't going to hold. I don't expect an aggressive fall, but I don't see serious buyers coming in...

is this the beginning of the fall of the mighty capitec? classic head and shoulder

head&shoulders pattern taking place in this stock bears are coming strong after the neckline stops are in Oder in case im wrong.

After breaking the upward stride and going overbought Capitec is now consolidating. It is busy breaking back into the trend channel. After a buying climax (BC), automatic reaction (AR) and secondary test (ST) in phase A we now have seen an upthrust (UT) in phase B. This is showing some strength but was on low volume and divergence with the volume RSI. Now to watch...

We been seeing capitec going up and up, i think now its time we see it falling and falling

JSE:CPI Hourly chart with bearish flag. Full target should be around 126000.

can we see capitec go up to the QML then fall from there???

Uptrends rarely come as crystal clear as this. I feel bad for not having bought this stock earlier even though i stay in South Africa where it is listed. However, for all those traders like me who missed the initial rally, i expect prices to go up further. A good place to enter a long position would be if price retraces to the 134290 price level. Traders can...

JSE:CPI Long term chart Negative divergences Results next week on 28 March.

JSE:CPI Can this be ending diagonal?

1 more leg down to complete the big corrective move we saw in December 2018.

Established in 2001, Capitec has become South Africa’s fastest growing bank, and today has more than 7.3 million clients, 720 branches and over 11 000 employees. With shares listed for sale on the Johannesburg Stock Exchange (JSE) in 2002, the bank is renowned for its affordability and simplified model of banking, which has received superb buy in from clients of...

CPI ready to break structure

After very low volumes of the holiday period today there was a strong push to new highs with volume returning. Will be looking for a move to the supply line of the upward stride.

JSE:CPI After making all time high $JSECPI pulled back and made falling wedge in the process. Looks more upside coming.

JSE:CPI Was trading in fairly well defined Chanel for most of the year. Brooke higher yesterday and today on open but struggling to hold. Making big engulfing bar so far. Still early but watch for potential reversal towards bottom of the channel

JSE:CPI Breaking above recent consolidation. First target: 105000 Second target:110000