Breakouts: 8 August 2022
A look at Sanlam and Cloudflare for the people...
![Breakouts: 8 August 2022](/content/images/size/w1200/2022/08/EQU.US.NET.png)
JSE:SLM (Sanlam)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-07-at-19.33.19.png)
Cup and handle pattern. Could bounce back to R60. Trend still strongly down. Also in a long term sideways pattern.
US:NET (Cloudflare)
![](https://stockpicks.co.za/content/images/2022/08/Screen-Shot-2022-08-07-at-19.35.22.png)
Positive break. Looks like it may have bottomed.
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