Tiger Brands
Symmetrical triangle pattern formed as continuation to a downtrend.
Price has broken out.
Mas 200>21>7
RSI<50
Target – R143
Tiger – the company
Tiger Brands Ltd is a South African packaged goods company that operates in the food, beverages, and healthcare sectors. It is one of the largest consumer goods companies in South Africa and has a presence in several other African countries.
Founded in 1921, Tiger Brands has a diverse portfolio of products that includes popular brands in various categories. Some of its well-known brands include Ace instant porridge, Albany bread, All Gold tomato sauce, Beacon chocolates, Jungle Oats, and Tastic rice, among others. The company focuses on delivering quality products that cater to the diverse needs and preferences of consumers.
Tiger Brands operates across different segments, including Grains, Consumer Brands, and Export. The Grains division includes the production and marketing of grains and rice products. The Consumer Brands division encompasses various food and beverage products, such as snacks, beverages, cereals, and condiments. The Export division focuses on distributing products to markets outside of South Africa.
In addition to its food and beverage offerings, Tiger Brands also has a healthcare division that manufactures and distributes over-the-counter medicines, personal care products, and baby care products.
Symmetrical triangle pattern formed as continuation to a downtrend.
Price has broken out.
Mas 200>21>7
RSI<50
Target – R143
Tiger – the company
Tiger Brands Ltd is a South African packaged goods company that operates in the food, beverages, and healthcare sectors. It is one of the largest consumer goods companies in South Africa and has a presence in several other African countries.
Founded in 1921, Tiger Brands has a diverse portfolio of products that includes popular brands in various categories. Some of its well-known brands include Ace instant porridge, Albany bread, All Gold tomato sauce, Beacon chocolates, Jungle Oats, and Tastic rice, among others. The company focuses on delivering quality products that cater to the diverse needs and preferences of consumers.
Tiger Brands operates across different segments, including Grains, Consumer Brands, and Export. The Grains division includes the production and marketing of grains and rice products. The Consumer Brands division encompasses various food and beverage products, such as snacks, beverages, cereals, and condiments. The Export division focuses on distributing products to markets outside of South Africa.
In addition to its food and beverage offerings, Tiger Brands also has a healthcare division that manufactures and distributes over-the-counter medicines, personal care products, and baby care products.
Trade closed manually
Trade closed: target reached