ADvTECH (ADH) is a prominent player in the commercial education sector in South Africa, operating in both schools and tertiary education divisions. The schools division, comprising institutions such as Crawford, Trinity House, and Abbots, historically formed the backbone of the company's operations. However, increased competition in the schools sector has led to...
The stock has been one of the few up-trending names on our market. It looks to be breaking out of its recent 2 month consolidation.
I happy to hold or add to the position while we stay above the 50ema.
original idea in the link below
See link below for previous analysis.
The bulls showed me who is boss on this one.
My indicators and valuations were saying caution, a correction is on the cards, but the bulls re-emerged after a brief stall to power the stock to new all time highs.
The trend and momentum is clearly to the upside.
I like the company as it has solid fundamentals so from here on I...
Another stock in an upward trend which released results well received by the market.
Price has been in a period of consolidation and has now broken upwards. Pullbacks towards the rising 20ema will be welcome areas to accumulate or add to an existing position. RSI is quite overheated here but can remain so for a while in a stock that is strong.
Bulls are firmly...
Advtech (ADH) is one of three listed commercial educational companies on the JSE (the others are Curro and its separately listed sister company, Stadio). Advtech has two divisions - a schools division (including Crawford, Trinity House and Abbots) and a tertiary division (including Varsity College, Rosebank College and a variety of specialist tertiary offerings)....
Let me keep it simple here:
Sponsored research (can't reveal source) has a fair value of 2100 zac
Investing.com Pro has a fair value of 2085 zac
MACD/Price has a reverse convergence setup which is bearish.
Price has been moving sideways in a choppy manner.
Too early to start shorting but I am not buying this one at current levels.
The stock is trading at the Supply zone and we are likely to see the last leg to complete the multi-year Correction. I'm only lookig for selling opportunities here.
ADVTECH has been on the move since the beginning of 2021. After a long decline, it hit bottom at R6 in March 2020. After that, it has made higher highs with some volume when it broke R10. It is now pushing to test R15. We could see a backup of the breakout level at R10 before moving higher but holds opportunities on the way up.
- Price looks to have made a solid bottom to work off #invertedhead&shoulders
- Support of 200ma has been confirmed
- Volume indicates accumulation
- 1st Target is around R12
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Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Strong Descending Triangle Break for Advtech
Disclaimer: The views provided herein do not constitute financial advice.
Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not.
This idea is based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk.
