Breakouts: 28 September 2022
How-to-trade looks at a number of stocks and indices for the people - featuring Tiger Brands
![Breakouts: 28 September 2022](/content/images/size/w1200/2022/09/EQU.ZA.TBS.png)
JSE:EOH (EOH)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-06.55.27.png)
Negative break. Descending triangle break. Trending down.
JSE:AVL (Advanced Health)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-06.56.52.png)
Inverse cup and handle break.
JSE:MTN (MTN)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.02.28.png)
Negative break. Big head and shoulders pattern. A higher high is needed to stop this down trend.
JSE:FSR (First Rand)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.06.29.png)
Negative break. Descending triangle.
JSE:CCO (Capital and Counties)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.08.10.png)
Negative break. Lower low. Trending down.
JSE:TBS (Tiger Brands)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.10.25.png)
Inverse cup and handle. Positive break. Golden cross. Looking good. First stop 18500.
JSE:CSB (Cashbuild)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.12.06.png)
Lower low. Desceding triangle. Set to continue down.
JSE:QLT (Quilter)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.13.44.png)
Lower low. Anotehr step down.
JSE:JBL (Jubilee)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.14.53.png)
Lower low. Descending triangle.
FOREX:USDZAR
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.18.38.png)
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)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.20.29.png)
Negative break. Inverse cup and handle. Not looking good.
INDX:DJT (Dow Jones Transportation Index)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.22.13.png)
Negative break. Trending down.
US:QCOM (Qualcomm)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-07.16.21.png)
Negative break from a big head and shoulders pattern. Opening up $110 as the first target.
US:VDC (Vanguard Consumer Staples ETF)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-06.58.44.png)
Negative break. Lower high and lower low.
US:MDLZ (Mondelez)
![](https://stockpicks.co.za/content/images/2022/09/Screen-Shot-2022-09-28-at-06.59.57.png)
Topping pattern. Negative break heading to $53.
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