Capita: 5R Long Setup. We look to Buy at 33.70 (stop at 31.08)
Capita - Short Term - We look to Buy at 33.70 (stop at 31.08)
We look to buy dips. We are trading at oversold extremes. Price action moved lower but found support at 34.00. We look for a temporary move higher. A higher correction is expected. Risk/reward is ample to call a buy trade.
Our profit targets will be 48.89 and 55.00
Resistance: 45.00 / 50.00 / 55.00
Support: 34.00 / 31.00 / 25.00
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