AfroTez

Transaction Capital Analysis

Long
JSE:TCP   TRANSACTION CAPITAL LTD
Transaction Capital has almost fully recovered after the Covid dip as it sits comfortably above the R 20 support line. We can also observe the uptrend support line which has been maintained since the recovery began from March dip in share price and hopefully this can continue carrying the share price at hopefully the same pace as previous years pre covid.

To give you a bit of perspective, from 2014 to peak 2020, Trans Cap has brought in a total of 565% returns (4.0 to 26.0) which averaged over the years is around 94% per year.
Pre covid performance makes Trans Cap a very strong contender to have in your portfolio.

Long Term, Trans Cap is looking very positive.

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