African Rainbow Capital (AIL) is a BEE investment company that was formed in 2015 and listed on the JSE in September 2017. Since it was formed, AIL has invested in more than forty listed and unlisted investments in a wide range of industries from telecommunications to mining, construction, energy, property, agriculture, insurance, asset management, and...
African Rainbow Capital (AIL) is a BEE investment company that was formed in 2015 and listed on the JSE in September 2017. Since it was formed, AIL has invested in more than forty listed and unlisted investments in a wide range of industries from telecommunications to mining, construction, energy, property, agriculture, insurance, asset management and banking. ARC...
African Rainbow Capital (AIL) is a BEE investment company that was formed in 2015 and listed on the JSE in September 2017. Since it was formed, AIL has invested in more than forty listed and unlisted investments in a wide range of industries from telecommunications to mining, construction, energy, property, agriculture, insurance, asset management and banking. ARC...
African Rainbow Capital (AIL) is a BEE investment company that was formed in 2015 and listed on the JSE in September 2017. Since it was formed, AIL has invested in more than forty listed and unlisted investments in a wide range of industries from telecommunications to mining, construction, energy, property, agriculture, insurance, asset management and banking. ARC...
A price action above 590 supports a bullish trend direction.
The bullish trend might get stronger for a break above 620.
The target price is set at 600 (its 61.8% Fibonacci retracement level).
The stop-loss price is set at 550.
After falling to lows of R1.92 in March 2020, JSE:AIL began its upward journey and got caught in a trading range between R4.72 and R8.00 from November 2021.
The share closed at R6.01 yesterday after breaking out of a falling wedge it had been painting from 30th March 2023 within the trading range. The first signal of a build up of bullish momentum was when price...
Box Formation has occured with JSEAIL.
Technically, this looks like one of those bullish Penny Stocks that is nearly ready to rocket.
There are higher lows forming, strong flagpole and we are seeing other indicators showing upside including.
Price >200
RSI>50
Target R8.00 right to the top of Box formation.
Target 2 - R11.00 - If the price breaks up and out of...
ARC Caution needed in this previous support level.
If a double TOP forms, you might want to sell a % to preserve some capital.
Be cautious.
Regards Graham.
The price started a bullish trend the begining of this week, resulting in a btrak out of the downtrend it had been on. On Friday, from the daily chart, it confirmed to be bullish. On it's way to level 0,5 if not 0,6 from the Fibonacci chart over time.
On Friday, it was announced that TymeBank had branched out to offer medical insurance product/service, they hit...
Digital bank TymeBank has launched its first credit card as part of a growing push to attract more middle-income customers.
The Visa credit card is being offered in partnership with RCS and is part of the bank’s intent to diversify its customer profile, said TymeBank chief executive Tauriq Keraan.
“The card has been in the pipeline for some time, but we thought...
Tencent has just completed their transaction at TYME bank, executives of AIL have been buying shares heavily, this makes me very much interested in buying this company, I just highlighted levels where I am looking to take hold of this opportunity.
