JSE:IMP (Impala Platinum)
Positive breakout. A higher high and higher low gives support and momentum for a continuation up.
Positive breakout of the ascending triangle. Targeting a break above 6700 and up.
Negative break from the sideways channel. The lower high and lower low now starts a downward channel - the question is how long the downward move will last.
JSE:TCP (Transaction Capital)
Negative break and a topping pattern. A rare sign of weakness in the strong up trend. A warning sign and not a worry for trend followers but the price could go down to R34 or to the trend line.
US:SLB (Schlumberger Lmited)
Negative break. Rejected by the head and shoulders neck line. When the head and shoulders is projected the target is $24 - $25. I am not one to short so I will just be staying away until SLB looks to go up again.