AfroTez

Capitec Analysis

Long
JSE:CPI   CAPITEC BANK HLDGS LTD
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 hoping to go comfortably beyond the R 1440.00. From where the share price is now, this will be a 9.75% increase.

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