Curro Holdings is showing upside to R11.86 with a C&HCup and Handle has formed on Curro. We need the price to break up above the Brim level to confirm a better level.
7>21>200
RSI>50 Buy divergence
Target R11.86
About the company
Curro Holdings is a South African company that operates private schools and offers education services.
HOW IT GOT ITS NAME
Curro Holdings' name is derived from the Latin word "curro," which means "I run" or "I move." The name reflects the company's aim to provide an educational environment that nurtures growth, development, and progress for students.
Founding and Establishment:
Curro Holdings was founded in 1998 by Dr. Chris van der Merwe. The company's primary objective was to provide quality private education in South Africa.
Education Group:
Curro Holdings is one of the largest independent school companies in Africa. It operates a network of private schools, providing education from nursery to high school levels.
Schools:
The company operates a wide range of schools, including
Curro Schools (mainstream schools),
Curro Castle (early learning centers),
Meridian Schools (affordable private schools),
Curro Academy Schools (more specialized academies), and more.
Education Approach:
Curro often emphasizes a learner-centric approach to education, focusing on individualized learning and smaller class sizes compared to many public schools.
Expansion:
Curro has experienced significant growth since its inception. It has expanded its school network across South Africa and even ventured into other African countries like Namibia, Botswana, and Zambia.
Curro
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.