C&H formed from Feb 2023 to June 2023.
We then had a breakout. The price continued up and then the buying slowed down.
Now we are getting a dip where the price will be testing the Brim level of the C&H.
Moving Averages are conflicted where 21>7 - Bearish but price is above 200MA - Bullish.
This states the uptrend is still intact.
RSI<50 which is showing slowing down of upward momentum.
Target still remains around R8.74
ABOUT THE COMPANY:
Adcorp Holdings Limited is a South African company providing a wide range of human capital management services.
Founding:
Adcorp was founded in 1975 and has grown significantly since then, becoming one of South Africa's leading employment services companies.
Public listing:
Adcorp was listed on the Johannesburg Stock Exchange (JSE) in 1987, making it publicly traded.
Global footprint:
While Adcorp is headquartered in Johannesburg, South Africa, the company also has operations in various other countries, including Australia, India, and several African countries.
Diverse services:
Adcorp's services cover a broad range of human resource management needs, including temporary and permanent recruitment, skills development, training, business process outsourcing (BPO), talent management, and payroll services.
Innovation:
Adcorp has shown commitment to innovation, investing in technology. This includes using data analytics and artificial intelligence in talent acquisition and management.
We then had a breakout. The price continued up and then the buying slowed down.
Now we are getting a dip where the price will be testing the Brim level of the C&H.
Moving Averages are conflicted where 21>7 - Bearish but price is above 200MA - Bullish.
This states the uptrend is still intact.
RSI<50 which is showing slowing down of upward momentum.
Target still remains around R8.74
ABOUT THE COMPANY:
Adcorp Holdings Limited is a South African company providing a wide range of human capital management services.
Founding:
Adcorp was founded in 1975 and has grown significantly since then, becoming one of South Africa's leading employment services companies.
Public listing:
Adcorp was listed on the Johannesburg Stock Exchange (JSE) in 1987, making it publicly traded.
Global footprint:
While Adcorp is headquartered in Johannesburg, South Africa, the company also has operations in various other countries, including Australia, India, and several African countries.
Diverse services:
Adcorp's services cover a broad range of human resource management needs, including temporary and permanent recruitment, skills development, training, business process outsourcing (BPO), talent management, and payroll services.
Innovation:
Adcorp has shown commitment to innovation, investing in technology. This includes using data analytics and artificial intelligence in talent acquisition and management.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.