Breakouts: 08 December 2020
A quick look at Coronation, Eoh, Impala, Kumba, PPE and others
![Breakouts: 08 December 2020](/content/images/size/w1200/2020/12/EQU.ZA.CML.png)
CML (Coronation)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.11.00.png)
One and a half years in a sideways/down move finally broken to the upside. The pattern resembles an inverse head and shoulders - but it is slanted in the wrong direction for me.
EOH (EOH)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.14.19.png)
Lots of evidence for a continued move to the upside. Cup and handle pattern breakout. Both moving averages are now pointing up. Golden cross. An opportunity here...
IMP (Impala Platinum)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.18.13.png)
Breakout of the ascending triangle
KIO (Kumba Iron Ore)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.20.04.png)
Another ascending breakout, well just about...
PPE (Purple Group)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.21.42.png)
The pullback is giving a chance for us to buy on this stock that is trending up.
US:ZNGA (Zynga)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-08-at-08.23.22.png)
Has been in a big descending triangle since the lockdown excuberance. We need higher highs above 9.8...
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