Capita plc
Long
Aggiornato

CAPITA PLC - Regular bullish divergence

330
*Investment opportunity - low risk*

On the above monthly chart above price action has corrected 95% since mid-2015 with following oversold condition (dark orange column). There now exists a number of technical indicators that make Capita an exciting stock to add to your portfolio. Lets go through them:

1) Regular bullish divergence. Price action makes a lower low while the oscillators print a higher high. The 2-month chart below provides a clearer picture of this bullish divergence.

2) Volume increase. A large capitulation candle formed during the month of March 2020, ever since buyers have been accumulating. Together with point (1) above this is very bullish.

3) Monthly Bullish engulfing candle. Indicated above with the blue ‘BE’ marker, the Bullish engulfing candle on the monthly chart is not to be ignored. A very powerful indication of an imminent trend reversal.


A buy from 32 is perfect

1st target, 75


2-month chart

istantanea
Trade attivo
Trade attivo
Up almost 40% in one month - fantastic.

Price action is currently approaching a point of resistance, a pullback may occur - ignore it. There is no indication of a sell signal whatsoever.
Trade attivo
Nota
up 42% so far, if you're patient price action will reach 72 not before long.

istantanea

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.