Breakouts: 18 July 2023
Old Mutual and 3 US stocks
JSE:OMU (Old Mutual)
Higher high. Trending up. Opens up 1400 as a target.
US:NET (Cloudflare)
Positive break. Cup and handle pattern. Breaking out of a base that has formed that could be seen as an inverse head and shoulders. Looks set for a sustained positive move.
US:AVGO (Broadcom)
Positive break. Above $900 now. Next stop $1000.
US:SPOT (Spotify)
Positive break. Strong uptrend. Target is $200.
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