Rising Flag on Curro just broke down target R8.13Rising 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.
COH
JSE:COH Curro Significant BarToday there was a significant bar in Curro Holdings with volume. A spring-like action from the yearly pivot point also forms a backup to the breakout of the accumulation trading range. Now we are expecting a quick markup to around R16. This confirms the previous evaluation provided in the post below.
JSE:COH Curro Making Higher HighsAfter the covid low, Curro Holdings has had a good recovery. The in the trading range formed after the selling climax (SC) and automatic rally (AR) price has been making last points of supply (LPS). After the breakout of the trading range we can expect a markup to around R16.
COH - Are we getting a Buying Opportunity Right Away?COH seems to be a buy right away, as it has bounced off with a massive Bullish Candle, with above average High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since the 19th of November High of roughly $240.00 all the way down to around $177.00 (Support Zone), shedding almost 26%, but I think we may have seen a Medium Term Low as it has bounced off strongly.
I believe that COH should continue to move higher until it finds resistance at the R1 zone between $205.00 - $210.00 range at TP1, giving a potential gain of 20% on the position and move even higher to $220.00 region where my TP2 lies, to give a further 12% gain (or 32% gain in total position).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
COH Cup and HandleASX:COH has formed a Cup and Handle on the 1 hour chart which serves as a strong typically serves as a strong buy signal. Could be potential for a breakout with some a shift in momentum. Volume was strong on the upside and has been depleting on the sell side which is textbook for a cup and handle. Will need to see a break above the 199.78 for breakout to occur.
COACH multi-week bottomJust heard on the anchors on CNBC discuss the confusion in Coach. Supposedly you need to be a retail/fashion specialist to figure this one out.
Well... technically speaking, this is actually an IDEAL set-up that is furthest from confusion! It's a buy a 33.xx
COH Day Trade Retest Gap (Brad Reed May27,2015)If COH opens below 35.65 consider using the Retest Gap. Michele Duffy found this one, and I think it is awesome. To get a free and complete trading education go to www.RealLifeTrading.com
Coach Intra Day Bullish Pattern: Long Day TradeCoach Inc (NYSE:COH) is making a bullish consolidation pattern on the intra-day chart. The key here is that the pattern is forming above the 200 moving average and is happening while the markets are reversing sharply off early gains. When this pattern forms any stock like Coach Inc and the markets are falling, it shows relative strength compared to the markets. This is even more bullish. Please note that at 2PM ET, the Federal Reserve will release a major statement.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
COH Slammed: Where To BuyCoach Inc (NYSE:COH) is taking a beating today, falling 10%. Concern over competition is taking its toll as sales estimates are being dropped. Where is the bottom? Let's explore. The first significant daily support level is $33.50. At this point the stock should have a solid multi-day, maybe even a multi-week bounce. Longer term, be careful with this equity as it may continue its slide. View this only as a swing trade long at that level.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com