$JSECPI - CAPITECJSE: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 channelby ALSITRADER4
Trend following momentum trade on CapitecLong position entered on JSE:CPI on 23/10/2018 because of confirmation from MACD, Stochastic and cross of the 3 and 15 EMA's. Longby RossLarterUpdated 3
$JSECPIJSE:CPI Breaking above recent consolidation. First target: 105000 Second target:110000by ALSITRADERUpdated 4
JSE:CPI Capitec Absorbing the SupplyFollowing on September's analysis (link below) the backup has taken place and the markup is continuing with HH and HL. We see an ease of advance with large spreads. When supply has entered the market there has been effort without response (OBV declining without a similar price decline) indicating the buyers are absorbing the supply. Also notice the narrow spreads on declines. Longby SteynTradeUpdated 7
CPI is traveling in an upward channel having bounced off supportJSE:CPI 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 R1077Longby RossLarter3
CPI Capitec traveling in an upward channel, bouncing off supportCPI 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 R1077Longby RossLarter5
JSE_CPI: Capitec Wyckoff Re-accumulation after DistributionAfter Capitec's (JSE_CPI) trouble at the beginning of the year the stock has been undergoing re-accumulation. It has jumped the creek and is showing Signs of Strength (SOS). The stock has shown prior leadership. Waiting for a back up to 95500 to go long.Longby SteynTradeUpdated 4