Breakouts: 12 July 2023
A look at some breakouts on the JSE and US markets
JSE:SYG4IR (Sygnia 4th IR ETF)
Positive break. Series of higher highs and lows. Trending up.
JSE:HLM (Hulamin)
Trending up. Channel of higher highs and higher lows. Looks a good opportunity to enter. Must respect the trendline at 260 - 270.
US:ADBE (Adobe)
Positive break. Trending up.
US:VMW (Vmware)
Positive break. Trending up. Higher highs and higher lows.
US:SNAP (Snap Inc)
Positive break. Break above the channel. Not pictured but there is a golden cross.
US:DELL (Dell)
Positive break. Next stop $60.70.
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