Rising Flag on Curro just broke down target R8.13

١٩ فبراير ٢٠٢٣

Rising Flag formed on Curro.
Previous trend was down, we then had a slight recovery before further downside.
Now that the price has broken below the support, we can expect a retracement.
200>21>7 -Bearish
RSI=50
Target R8.13

ABOUT THE COMPANY
Curro Holdings is a leading independent education provider in South Africa, founded in 1998 by Dr. Chris van der Merwe.

The company operates more than 70 schools across the country, serving over 66,000 learners from pre-school to high school.

Curro Holdings offers a range of educational options, including:
Traditional classroom-based learning,
Home-schooling,
Online learning.

The company is known for its innovative and progressive approach to education, with a focus on technology, entrepreneurship, and 21st-century skills.

It has a market cap of over R30 billion.

The company has expanded internationally, with schools in Namibia and Botswana, and plans to open more schools in other African countries in the future.

Curro Holdings has a comprehensive teacher training and development program to ensure that its educators are equipped with the skills and knowledge they need to provide high-quality education.