Capitec
CPI seems to have topped in April 2022 and has been moving downwards since then. The stock enjoyed support near R1600 twice, the recent rally came to a halt as the price reached the trend line. Also, CPI is trading below declining moving averages; waiting to see how long the R1600 - R1500 level is going to hold.Other banks are either declining or moving sideways, it's possible that the banking sector is weak.
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