Breakouts: 28 April 2021

A look at some recent breakouts...

Breakouts: 28 April 2021

JSE:MNP (Mondi)

A nice channel forming. Breakout of an ascending triangle. Looking good.

JSE:APN (Aspen)

Big move up. Moving up from a bottoming pattern. higher highs and lows. You could even say an inverse head and shoulders.

CC:BTC-USD (Bitcoin)

Looks like it is topping. Printed a lower low. Below 50k would be a negative psychological break.

COMM:KC (Coffee)

Coffee in the commodity futures market has broken out of a huge inverse cup and handle pattern.

JSE:PIK (PicknPay)

Positive break of the ascending triangle. Looking very good.

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