vcm11

BEARISH if 11.5p is lost & closed below - 10.6p BUY entry

Short
LSE:AAOG   ANGLO AFRICAN OIL & GAS PLC ORD 0.1P
RSI very overbought and if t-line is lost at 11.5p we will get back to 10.5-10.7p before the next leg.
Last candle gives a daily bearish sentiment to come so will watch with interest.
Cooling down in the chart will give more strength for a further rise and breaking the 200ma

If we do bounce from 11.5p and hold then you might not see that retrace so keep an eye.
Trade closed: target reached: over 45% profit

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