technical analysis chart

Technical Breaks, Ideas and Insights

Sanlam made a positive break by breaking upwards through the downwards sloping resistance level at ZAR54.30.
The breakout pattern out of the large triangle formation is positive.
SLM could potentially trade higher and test the resistance level at ZAR60.00 and if breached on the upside the share could potentially test the resistance level at ZAR65.15, in our view.