Breakouts: 20 October 2020

I take a look at breakouts from Anglo America, Sasol, Anhueser Busch Inbev and nVidia

Breakouts: 20 October 2020

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.