Sanlam managed to break its own upward trend back in March and has now made three attempts to resume it. Significant patterns here as the much larger head and shoulders seems to have failed but there is another smaller head and shoulders forming just below that previous trend line. Does that mead the larger pattern is back in play? I certainly think so. If current resistance holds and the 200 day moving average is broken (+-78.00) we could see a 10% pullback from here.