runyamhere

Anglo American Worth a Trade

Lång
runyamhere Uppdaterad   
JSE:AGL   ANGLO AMERICAN PLC
Anglo American has closed above the green line and the 10 week moving average, price is now seeking a cycle low defined by the blue upslopping line. Price going below this line signifies a daily cycle low. The challenge is that the line is rather flat so we must look out for price going lower than R471.64, this would reset the weekly low. A close above the pink downward slopping line means we leave behind a cycle low, if we do this without breaching R471.64 we can expect a powerful move upwards of at least 10%. Since we are anticipating a recession, we must be alert to the weekly cycle failing early.
Trade stängt manuellt

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.