Breakouts: 24 June 2021

Master drilling reverses on me and Brait presents a highly speculative opportunity.

Breakouts: 24 June 2021

JSE:MDI (Master Drilling)

Positive break. Reversed and broke above the descending triangle highlighted 2 days ago in member breakouts. Whipsaws happen, although it makes me more hesitant to trade the stock.

JSE:BAT (Brait)

Positive break. Cup and handle break - projected target is R3.40. A highly speculative play, the chart still looks horrendous and pointing sideways when you zoom out.