Capitec Analysis

Capitec has gradually come down and hit a minor support line created by a peak from 05 November. I do not have faith in this specific support line but it does give possibilities of a rebound. If it doesn’t hold however it wont come as a shock. Generally the stock is still doing fantastically well as it has a great distance from the up trend line. This is a good position to expand holdings and partially buy in at this point.