Trading Capitec Bank: For Shorts, A 16% Decline
- Lester Davids
- 19 hours ago
- 1 min read
Trade Capitec Bank with Unum Capital.
To get started, email lester@unum.co.za
The move is in line with the price action model at the time, which warned traders to avoid chasing and looked for a potential failure to hold the prior session/range highs.
Most recently we also discussed CPI in the note: 2 Risk, 2 Opportunities. The link is as follows: https://www.unum.capital/post/cpi-two
The current chart, reflecting a 16% decline from the last note is shown below.
Previous Post (Thursday 27 March)
Trading Note: Capitec Bank
Lester Davids
Analyst: Unum Capital
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