Breakouts: 12 July 2023
A look at some breakouts on the JSE and US markets
![Breakouts: 12 July 2023](/content/images/size/w1200/2023/07/EQU.ZA.SYG4IR.png)
JSE:SYG4IR (Sygnia 4th IR ETF)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.27.55.png)
Positive break. Series of higher highs and lows. Trending up.
JSE:HLM (Hulamin)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.32.45.png)
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)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.29.58.png)
Positive break. Trending up.
US:VMW (Vmware)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.31.24.png)
Positive break. Trending up. Higher highs and higher lows.
US:SNAP (Snap Inc)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.35.03.png)
Positive break. Break above the channel. Not pictured but there is a golden cross.
US:DELL (Dell)
![](https://stockpicks.co.za/content/images/2023/07/Screen-Shot-2023-07-12-at-07.38.04.png)
Positive break. Next stop $60.70.
Comments ()