Asanda_The_Technical_Analyst

Silverbridge Holdings

Long
JSE:SVB   None
This is one of the stock I have been following from early last year and has presented a beautiful buy opportunity after a careful long term technical analysis. Price has been rejected many times at R0.27(Triple bottom structure formed) which is acting as a demand level, we must remember that the company provide world-class technology solutions to the financial services industry. Their approach to improving their clients’ business embraces digital transformation to make various areas of business better. Their experience and expertise empower their clients to position their businesses for a digital world of which is now strongly taking a huge demand in this era.

So their technological services thus create the demand level for this stock.

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