RossLarter

Capitec long position looking good

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
We entered a long on CPI based off of the crossing of the EMA's and the turning up of the stochastic and the MACD. The trade is looking good so far with it being about a 3rd of the way to the target at 1925. It may find a bit of resistance at the current level, but I think we can potentially see a nice profit at the target if this momentum continues.

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