Capitec Analysis

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Capitec seems to have hit a cap at R1500 and is currently caught between R1500 resistance and R1300 support. Its holding up pretty well as compared to the previous time the share price was at this level. It seems there is a general consensus in the market that this is a comfortable price level for the share. A decent time to buy as well. Better to buy in closer to the R1300 mark though. If the previous are anything to go buy, we should eventually break R1500.

Penafian

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