Breakouts: 29 July 2022
Breakouts: A look at shoprite, santova and some US stocks
![Breakouts: 29 July 2022](/content/images/size/w1200/2022/07/EQU.ZA.SNV.png)
JSE:SHP (Shoprite)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.31.09.png)
Higher high. Restarting the up trend.
JSE:SNV (Santova)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.33.55.png)
Positive break. Strong and healthy uptrend.
The trend is your friend
US:MSFT (Microsoft)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.40.33.png)
Positive break. Targeting $294.
US:AMAT (Applied Materials)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.42.00.png)
Positive break. Downward trendline broken. Good signs. Beware it does not go back below $99
US:FSLR (First Solar)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.44.32.png)
Positive break.
US:TWTR (Twitter)
![](https://stockpicks.co.za/content/images/2022/07/Screen-Shot-2022-07-29-at-07.46.51.png)
Positive break. Overall trend still down and chart does not look great. That being said a double bottom maybe be forming here and there are a few positive signs now.
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