Afrocentric breakaway and up and away to R5.93

W Formation formed on Afrocentric. The price broke above the neckline showing there's more demand.

Before that there was a big GAP. This gap is known as a breakway away.

It broke out of the down/sideways trend and into an uptrend.

Hence there is a bullish tone and more buying along the way.

7>21>200

RSI>50

Bullish

Target R5.93

ABOUT
AfroCentric Investment Corporation Limited (Founded in 2008) is a South African healthcare company listed on the Johannesburg Stock Exchange.

Their goal is to provide affordable, accessible healthcare to all South Africans.

They operate through three main subsidiaries: Medscheme, Pharmacy Direct, and AfroCentric Health.

Medscheme is one of South Africa's leading medical scheme administrators, managing over 3.5 million lives across multiple medical schemes.

Pharmacy Direct is a retail pharmacy network that operates in several provinces across South Africa, offering a range of healthcare products and services.

AfroCentric Health provides a range of healthcare services, including primary healthcare, occupational health, and wellness programs, to individuals and corporations.