Breakouts: 12 January 2020
A mixed bag of breakouts today....
COMM:CL (Crude Oil)
Heading towards the resistance.
US:LMT (Lockheed Martin)
Descending triangle breakdown. Moving averages and pointing down.
US:NKE (Nike)
Trending up nicely...I have got to find an entry here. Net pull back I will be buying.
JSE:NPN (Naspers)
Stuck in a sideways channel for half of 2020. Trending is still up and moving averages pointing up.
FOREX:USDZAR
A bit of resistance and support around. Looking to buy anywhere on that upward sloping line. Hopefully another chance will come around to buy the world foremost fiat currency.
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