Breakouts: 09 December 2020
Some nice opportunities today...
![Breakouts: 09 December 2020](/content/images/size/w1200/2020/12/EQU.ZA.PPC.png)
PPC (Pretoria Port Cement)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.31.24.png)
Big moves to the upside, but not really that gradually. That is my issue with it.
ACL (Arcelormittal)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.34.28.png)
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
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.36.24.png)
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)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.38.54.png)
Consistent moves every day on the up, keep watching the resistance
US:AM (Antero Midstream)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.40.10.png)
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)
![](https://stockpicks.co.za/content/images/2020/12/Screen-Shot-2020-12-09-at-10.45.50.png)
Great looking and trending up. Next cup and handle break after an extreme dip.
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