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Thursday, August 13, 2020

Capita Comm Trust

TA wise, still stuck in a consolidation mode!
Not much strength to take it out of the consolidated range from $1.56 to $1.68.

I think price would likely muted unless we heard about further lifting of the current virus situation.


Short term wise, I think we need a clear breakout or breakdown indication in order to ascertain the next course of direction.
A breaking out of $1.68 Plus high volume that may likely drive the price higher.
A breaking down of $1.60/$1.56 would likely drive the price lower towards $1.50 then $1.47.


Not a call to buy or sell.
Pls dyodd.

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