With interest rates high, and continually increasing in an attempt to curb inflation, banks will be the biggest beneficiaries. Capitec bank continue to smash new records, outclassing it's peers or the biggest 4. It has recently added Mercentile Bank to its balance sheet and it will be focused on business banking, also it has launched Capitec Connect, a mobile network solution with data that does not expire lol. More growth and new records in the pipeline. Technically, the stock has completed wave 4 Correction and set to commence wave & impulse, which i anticipate termination around 280000 - 320000. Still, new records to be smashed lol.
