Breakouts: 20 October 2020
I take a look at breakouts from Anglo America, Sasol, Anhueser Busch Inbev and nVidia
![Breakouts: 20 October 2020](/content/images/size/w1200/2020/10/EQU.ZA.AGL.png)
AGL (Anglo American)
![](https://stockpicks.co.za/content/images/2020/10/Screen-Shot-2020-10-20-at-07.51.20.png)
Topping out. Needs a break above 44320.
SOL (Sasol)
![](https://stockpicks.co.za/content/images/2020/10/Screen-Shot-2020-10-20-at-07.51.57.png)
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)
![](https://stockpicks.co.za/content/images/2020/10/Screen-Shot-2020-10-20-at-07.52.33.png)
Topping out. A lower low and lower high.
Need to stay above 19677.
ANH (Anhueser-Busch Inbev)
![](https://stockpicks.co.za/content/images/2020/10/Screen-Shot-2020-10-20-at-08.04.07.png)
Quick move up and then down - for a lower high. Will the lower low come?
US:NVDA (Nvidia)
![](https://stockpicks.co.za/content/images/2020/10/Screen-Shot-2020-10-20-at-08.02.25.png)
Hit resistance at 561.7
Needs to stay with the trend, keep an eye out.
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