Breakouts: 06 November 2020

I take a look at Napsers, Dischem, some ETFs on US markets, Google and Eldorado Mining.

Breakouts: 06 November 2020


Big break lower forming a channel or wedge.

NPN (Naspers)

Break above the horizontal resistance.

DCP (Dischem)

A weird candle on this upward break. Long term trend is still strongly down.

US:EZA (iShares South Africa ETF)

Cup and handle breakout and a golden cross. Dollars currency woes look to be helping this chart.


  • 24.77%: Naspers (NPN)
  • 5.3%: First Rand (FSR)
  • 4.6%: Anglogold (ANG)
  • 4.5%: Goldfields (GFI)
  • 4%: Standard Bank (SBK)
  • 3.5%: Impala (IMP)
  • 3.3%: Sibanye-stillwater (SSW)
  • 3%: MTN (MTN)
  • Many others...industrials, other miners

The ETF has chosen decent sectors to be heavy weight on. Local industrials are not very prominent in this list.

US:LIT (Global Lithium and Battery ETF)

Rocketing now. I missed a good entry.

US:EGO (Eldorado Gold Corporaction)

Strong up trend and a new high. All is looking good.

US:GOOG (Google)

Break-up. Looking strong.