Breakouts: 09 December 2020
Some nice opportunities today...
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PPC (Pretoria Port Cement)
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Big moves to the upside, but not really that gradually. That is my issue with it.
ACL (Arcelormittal)
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Moving avderages turning up but again not a gradual move, meaning for me that there is more chance of a short sharp move back down.
USDZAR
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If we projected the descending triangle / inverse cup and handle we could see 13.7. However, it's forex so hard to have an incling of certainty
INDX:GSPC (SP500)
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Consistent moves every day on the up, keep watching the resistance
US:AM (Antero Midstream)
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Big inverse head and shoulders. Higher highs and higher lows. Golden cross a while back and both moving averages are pointing up. Very much like...
US:MAXR (Maxar Technologies)
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Great looking and trending up. Next cup and handle break after an extreme dip.
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