Adcorp showing strong downside to R2.00 then R1.64

Descending Triangle and Bearish box formation has formed
200 > 21 > 7 Bearish
Target R2.00 then R1.64
Bearish bias

ABOUT
Adcorp (Established 1983 and listed on the JSE in 1994) is a South African company that provides employment services, including temporary and permanent staffing solutions, training and development, and payroll management.

Adcorp operates in several African countries, including South Africa, Namibia, Kenya, Ghana, and Zimbabwe.

The company provides a range of services to a diverse range of industries, including finance, retail, construction, and healthcare.