Breakouts: 26 January 2021

A look at local JSE sock and ETF breakouts

Breakouts: 26 January 2021

JSE:WHL (Woolworths)

Ascending triangle breakout. Targeting 5500.

JSE:CCO (Capital and Counties)

Lower low, still trending down.

JSE:SYG500 (Sygnia SP500 ETF)

Still locked in the sideways channel - needs that > 6000 breakout.

JSE:STXEMG (Satrix Emerging ETF)

Trending up, new high.

JSE:PRX (Prosus)

Big bag move above the resistance. Long wick means it might have extended a bit too far for the market. The trend is up and looking good.

Comments

Sign in or become a Stock Picks member to join the conversation.
Just enter your email below to get a log in link.