Breakouts: 4 August 2022

Breakouts: Grindrod, Kumba, Massmart, Mpact, Satrix 500, Montauk and NVidia

Breakouts: 4 August 2022

JSE:KIO (Kumba Iron Ore)

Descending triangle breakdown. Heading to 39766.

JSE:MSM (Massmart)

Negative break. Down trend.

JSE:MPT (Mpact)

Negative break. Death cross. Double top. Trend continuing down goes to 2300.

JSE:GND (Grindrod)

Positive break. Looking for a move to 1000.

JSE:STX500 (Satrix SP500 Feeder)

Positive break. Higher high. Trend looking to continue to 7894.

JSE:MKR (Montauk)

Positive break. Heading up. Heading to $200 then $215.

US:NVDA (Nvidia)

Positive break. Higher high. Cup and handle pattern.