Breakouts: 18 February 2022

A look at a few breakouts: Blue label telecoms, Tigerbrands, Tsogo Sun Gaming, Google and Zoom

Breakouts: 18 February 2022

JSE:BLU (Blue Label Telecom)

Positive breakout. Looking to continue up. Small cup and handle projecting to 616.

JSE:TBS (Tigerbrands)

Negative break. Series of lower highs and lower lows.

JSE:TSG (Tsogo Sun Gaming)

Positive break. Cup and handle pattern projecting to 1385.

US:GOOG (Google)

Negative break. Looking toppy and a weird head and shoulders. Worrying.

US:ZM (Zoom)

Negative break. Lower low continuing on the down trend.