Crypto_Curry

South Africa's Incompetent Gov is good news for security stock

Long
JSE:CTK   CARTRACK HOLDINGS LTD
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4
Cartracker has just flipped bullish on the weekly time frame, with Kumo twist in the offing and with the TD indicator showing a potential 8 more months of upside. This is the picture of a country whose crime problem is literally out of control due to a reverse racist government under the African National Congress (ANC) led by the ever sly and calculating Cyril Ramaphosa. Communism is as much a part of daily parlance among the working class of South Africa and is deemed as hip as talk of Kombucha, yoga and intermittent fasting are among wealthy young Americans. This combined with the local skills drain and a government that can't dig their way out of a demographic time bomb means that Cartrack may grow in the order of 100x - 1000x over the next 5 years.

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