Interesting chart this one! Anglo American had been slowly (perhaps frustratingly) trending up for a large part of the year, recently consolidating into the cloud. However, on both the weekly and the daily chart
, this stock is sitting on cloud resistance. What is also interesting is that on the weekly chart, there looks to be a tramline exactly where it's breakthrough point would be, which could cause resistance AND below it a sharper diagonal line to create a triangle.
I cant call this one but with the triangle I think it will track back into the cloud, ping off line support and then breakthrough to the upside.
Watch this space!