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Capitec [JSE:CPI] - last run of the year

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Dean Bakos

Capitec has broken the resistance level of 1000.00. Currently at 1048.00, Look for a pullback to buy and hold. One can also look to buy now and hold. I am not setting a take profit because I think this share is going to run nicely in 2018 especially if Cyril Ramaphosa restores investors faith in  South Africa again and our rand strengthens.

Set your own take profit. 

 

All the best for the new year and I wish you all a Merry Christmas. 

Be Blessed 

 

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