breakouts

Breakouts: 09 December 2020

Some nice opportunities today...

Dec 9, 2020 • 2 min read

PPC (Pretoria Port Cement)

Big moves to the upside, but not really that gradually. That is my issue with it.

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.

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

Consistent moves every day on the up, keep watching the resistance

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...

Great looking and trending up. Next cup and handle break after an extreme dip.