Timonrosso

TARGET REACHED: Life Health struck our target 1 at R21.34

Long
JSE:LHC   LIFE HEALTHC GRP HLDGS LTD
W Formation formed, we then had some high volatility around the price.
Luckily, the stop loss would have been below the pattern.
The indicators were all showing bullish signs.
7>21>200
RSI>50
Target struck at R21.34

ABOUT THE COMPANY

Life Healthcare Group Holdings Limited was founded in 1983 and is headquartered in Johannesburg, South Africa.

Life Healthcare is one of the largest private healthcare providers in South Africa, operating 66 hospitals and healthcare facilities across the country.

The company employs over 19,000 people and serves over 4 million patients per year.

Life Healthcare provides a wide range of medical services, including acute hospital care, mental health services, renal dialysis, and oncology care.

Life Healthcare has a partnership with the South African National Blood Service to support blood donation drives and increase awareness about the importance of blood donation.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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