Absolutely, MrDividend. I agree with you on all fronts.
On the 21st Shoprite looked like it was in a small and tight little channel within it's bigger upward trending channel that I wasn't sure which way it was going to break out of. It was building for a break to the upside and the top of the bigger channel but conditions ultimately led to a slight break to the downside and it couldn't push over the double top with a 50/50 possibility now of a break from here down to around the 19000 level or back up to the 20500 level or higher. I think the results are expected within the next 2 months and the dividend doesn't look that attractive, especially compared to Capitec. The technicals look a bit weak but they also looked weak in early April before a nice run up from the bottom of the channel to the top. So who knows?
Capitec to me looks way better. It's just come out of a slight dip which seems to occur about every 2 months, it's knocking it's head along the top of the channel, the trend is still up, the technicals look better and so does the dividend and I think the results are expected in about 3 months. I reckons there's more than a 50% possibility it's going to break to the upside soon, as you say. But, of course, it could also just coast along for the next month or so. So who knows?