Breakouts: 04 March 2021

Local indices looking good and US energy stocks taking the plunge

Breakouts: 04 March 2021

JSE:STX40 (Satrix40)

Firing on all cyclinders.


Looks to have met the projection of the cup and handle. Strong uptrend in effect.

US:LMND (Lemonade)

Lower high and lower low. Cracked.

US:DOCU (Docusign)

Slowing down. Looking sideway with a lower low in.

US:WKHS (Workhorse)

US:FSLR (First Solar)

Some levels to watch. Good that these clean energy companies are getting their rightfully needed haircut.

US:CSIQ (Canadian Solar)

Back into the channel.