CAPITEC BANK HLDGS LTD

CPI JSE

AfroTez

Capitec is on a bit of a go slow lately making this a good opportunity to partially buy in and expand holdings. Should the price dip some more below 1280 it will be another good opportunity to buy in. Currently the share price is still a good distance away from the uptrend line which leaves us very little to worry about at this point. On the next rally we are...

Sure_Trading

JSE:CPI is showing signs that it may retrace downwards for a bit before continuing up. The MACD and Stochastic are both showing downward momentum and if it trades lower than today, the EMA's will confirm a downward cross. Keep an eye on this one for a possible short move to around the 200 SMA support level.

VillageTraderZA

With this potential cup and handle, Could we see the reaching all-time highs at R2000+ for CPI. Especially considering that the Bank has now entered the home loan market. The trade does offer quite a decent Risk-reward ratio. Interesting to note that the 30w EMA looks like it wants to cross the 60w EMA

AfroTez

Another positive week for Capitec as we race to the R 1300 share price. Seems that it is on its way to pre covid prices and hopefully the share price can grow from there. Long term still looking very strong and this minor dip could be a good opportunity to increase shareholdings. Im terms of numbers, for now we are looking to comfortably surpass R 1300, with the...

AfroTez

Fluctuations happen. So no need for worry yet as Capitec takes a bit of a dip from 1200 to 1140. We have support lines at 1100 and the 1030 to 1050 zone so a rebound or reluctance at these points can be expected. If these support lines dont hold however, there is still a very strong uptrend support that has held up very well and could be a significant rebound...

Agink

bullish dominance, without any scandals this can be a good investment with little downside risk.

AfroTez

R 1 200.00!!! That is the number we are gunning for at the moment. Capitec has today broken the R 1 100 resistance comfortably and now approaching to close the Gap created in April at R 1 200.00. Still a long way to go but everything looking positive so far. As long as the dips stay far from the uptrend support line, we can stay positive and right now the share...

AfroTez

Capitec continues to show good prospects for future investment growth. First support line now sits at R 1040 and the share price seems to sit comfortably above that and currently attempting to break R 1100 resistance. Im expecting a bit more fluctuations before we eventually break through and maybe we may even break through the support line before exceeding the...

Sure_Trading

JSE:CPI formed a dark cloud cover candle pattern a few days back which is a possible reversal signal. The MACD and the Stochastic both seem to be on their way down as well which could serve as confirmation for a downward move. I will wait for it to break the previous support level and then consider a short position.

CashCow_Markets

Short term sell on Capitec, Buy Zone marked on chart! Follow the arrows to cash in on your bank!

VillageTraderZA

JSE:CPI The price broke out of the range on the 30th of September 2020 and confirmed closing above R1024. The price close above both the 200 Week and day EMA. target is that R1319 previous minor support. Will be monitoring price action if/when the price gets closer to that level. The split from PSG group is important to note. It will possibly trigger some...

NeoRamsley

Looking into local markets, the Capitec stock looks like it is trying to complete a 5 Wave cycle inside this mess in which its been stuck. Going long as soon as the JSE trading session starts at in about 4 hours.

NeoRamsley

Beautiful textbook AB=CD forming on the CPI chart. I forgot to share this one before today's JSE trading session. It still looks good. Can still catch it. Let us look for pullbacks so that we add onto the position tomorrow. Happy trading.

SilasZulu

We just had a great open and Im convinced that Ill see price moving to R918

VillageTraderZA

JSE:CPI The SA Fini Index confirmed a bearish flag. Meaning financial stocks are under pressure. Monitoring price action at the 79000c levels. If it break below those levels. Interested in shorting $JSECPI Target the 430000 levels.

SilasZulu

A break from 838, we will see Capitec testing the 800 level, giving us long term buy opportunities.

SilasZulu

Massive rise, massive fall

siyasmanga

on this chart we have a triangle pattern..which was broken at first and the market failed to stay above the resistance which signified a false breakout... my plan: go to the 1 h chart and wait for the market to break below the trendline...alternatively for investors : wait for the market to test the lower end of the pattern