Breakouts: 20 October 2020
I take a look at breakouts from Anglo America, Sasol, Anhueser Busch Inbev and nVidia
AGL (Anglo American)
Topping out. Needs a break above 44320.
SOL (Sasol)
Trend is down. 50MA is now joining the 200MA in going down.
Next stop 7469. Although corporate actions like a rights issue may accelerate this and go even lower.
GFI (Gold Fields)
Topping out. A lower low and lower high.
Need to stay above 19677.
ANH (Anhueser-Busch Inbev)
Quick move up and then down - for a lower high. Will the lower low come?
US:NVDA (Nvidia)
Hit resistance at 561.7
Needs to stay with the trend, keep an eye out.
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