Breakouts: 18 February 2021
Gold and related stocks take a hit
![Breakouts: 18 February 2021](/content/images/size/w1200/2021/02/EQU.ZA.RBX.png)
JSE:RBX (Raubex)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-18-at-07.37.40.png)
Fell back into the ascending triangle sharply.
JSE:DRD (Durban Deep)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-18-at-07.40.42.png)
Break below the descending triangle. Arguably also a head and shoulders pattern. Moving averages are rolling over.
COMM:GC (Gold)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-18-at-07.43.41.png)
Lower low printed. Death cross and a break below the descending triangle.
Time to exit.
US:MP (Materials Corp)
![](https://stockpicks.co.za/content/images/2021/02/Screen-Shot-2021-02-18-at-07.46.35.png)
Early days but a higher high is printed.
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