CPI Capitec traveling in an upward channel, bouncing off support

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CAPITEC BANK HLDGS LTD (JSE:CPI)

JSE:CPI CAPITEC BANK HLDGS LTD

CPI 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 R1077

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