Breakouts: ANH, Sephaku and US Discovery

A look at the technicals of ANH, Sephaku and US Discovery

Breakouts: ANH, Sephaku and US Discovery

JSE:ANH (Anheuser-Busch Inbev)

Negative break. Inverse cup and handle break coming down from a double top. Both moving averages pointing down. Looking weak.

JSE:SEP (Sephaku)

Positive break. Next leg up on some fundamental news - backing the technical up trend.

US:DISCK (Discovery)

Negative break. Descending triangle.