Breakouts: 11 November 2020
A look at some localbanking, indutrials and property shares. Then a look at crude oil and 2 US stocks.
![Breakouts: 11 November 2020](/content/images/size/w1200/2020/11/EQU.ZA.FSR.png)
FSR (First Rand)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-08.57.01.png)
Higher low and higher high.
CCO (Capital and Counties)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-08.55.19.png)
Breakout but still in a clear down trend.
AGL (Anglo american)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-08.58.52.png)
Moved back into the channel and now looking to breakout.
APN (Aspen)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.00.33.png)
A series of higher lows and higher highs now formed. Trend is up on the long term, just need that 50MA to turn up.
TFG (Foshini)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.02.30.png)
Cup and handle breakout and a golden cross. 200MA is still pointing down but looks like a good opportunity on the long side.
ANH (Inbev)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.03.55.png)
Ascending triangle / cup and handle break. The overall trend remains down though.
TGO (Tsogo Hotels)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.07.44.png)
Another double bottom pattern, but the trend is still down. We need clear movement with the trend.
US:BABA (Alibaba)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.09.34.png)
Prints a lower low. Not a great pattern butt he trend is still strongly up.
US:TWLO (Twilio)
![](https://stockpicks.co.za/content/images/2020/11/Screen-Shot-2020-11-11-at-09.11.12.png)
Lower high and lower low.
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