Breakouts: 28 September 2022

JSE:EOH (EOH)

Negative break. Descending triangle break. Trending down.

JSE:AVL (Advanced Health)

Inverse cup and handle break.

JSE:MTN (MTN)

Negative break. Big head and shoulders pattern. A higher high is needed to stop this down trend.

JSE:FSR (First Rand)

Negative break. Descending triangle.

JSE:CCO (Capital and Counties)

Negative break. Lower low. Trending down.

JSE:TBS (Tiger Brands)

Inverse cup and handle. Positive break. Golden cross. Looking good. First stop 18500.

JSE:CSB (Cashbuild)

Lower low. Desceding triangle. Set to continue down.

JSE:QLT (Quilter)

Lower low. Anotehr step down.

JSE:JBL (Jubilee)

Lower low. Descending triangle.

FOREX:USDZAR

Positive break. Blows through 17.70 and is above the 18 level now. Are we going to 19.11? All time high to the dollar.

INDEX:GSPC (S&P 500)

Negative break. Inverse cup and handle. Not looking good.

INDX:DJT (Dow Jones Transportation Index)

Negative break. Trending down.

US:QCOM (Qualcomm)

Negative break from a big head and shoulders pattern. Opening up $110 as the first target.

US:VDC (Vanguard Consumer Staples ETF)

Negative break. Lower high and lower low.

US:MDLZ (Mondelez)

Topping pattern. Negative break heading to $53.