Glencore breakout
Village Trader identifies an opportunity in Glencore
![Glencore breakout](/content/images/size/w1200/2021/07/EQU.ZA.GLN.png)
![](https://stockpicks.co.za/content/images/2021/07/dr.png)
We have a nice ascending triangle pattern on the stock. Waiting for a close above the R64.85 level, then I will start building my position with a stop loss at R57.23.
If the inverse H&S pattern on USDZAR plays out, and the ZAR continues to weaken I would most likely push the the mining stocks
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