Breakouts: 05 February 2021

A look at gold, Harmony, bitcoin and Paypal

Breakouts: 05 February 2021

COMM:GC (Gold)

Death cross. Keep a close eye on 1779 - a break below makes a lower low contuining the bull flag pattern or possible a trend change. Even if it holds the descending triangle does not bode well for upside.

JSE:HAR (Harmony)

Break down below the descending triangle...not good.

CC:BTC-USD (Bitcoin)

Break above the descending triangle. Lots of resistance around it needs to power through. I still think it is a good time to sell if you trading.

US:PYPL (Paypal)

Boom.