Breakouts: 4 August 2022
Breakouts: Grindrod, Kumba, Massmart, Mpact, Satrix 500, Montauk and NVidia
![Breakouts: 4 August 2022](/content/images/size/w1200/2022/08/EQU.ZA.GND.png)
JSE:KIO (Kumba Iron Ore)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.00.14.png)
Descending triangle breakdown. Heading to 39766.
JSE:MSM (Massmart)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.02.24.png)
Negative break. Down trend.
JSE:MPT (Mpact)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.04.14.png)
Negative break. Death cross. Double top. Trend continuing down goes to 2300.
JSE:GND (Grindrod)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.06.31.png)
Positive break. Looking for a move to 1000.
JSE:STX500 (Satrix SP500 Feeder)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.08.43.png)
Positive break. Higher high. Trend looking to continue to 7894.
JSE:MKR (Montauk)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.11.10.png)
Positive break. Heading up. Heading to $200 then $215.
US:NVDA (Nvidia)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-04-at-07.12.37.png)
Positive break. Higher high. Cup and handle pattern.
Comments ()