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Timonrosso

Anglo American showing downside with the JSE ALSI entering bear

Short
ANGLO AMERICAN PLC (JSE:AGL)  
Timonrosso  
JSE:AGL   ANGLO AMERICAN PLC
Trend Analysis Chart Patterns Fundamental Analysis jseagl anglo angloamerican southafrica jse ALSI
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trendanalysis chartpattern fundamental jseagl anglo angloamerican southafrica jse alsi
Descending Triangle formed on Anglo American and the price seems to be breaking below.
If the ALSI continues down this will give a high probability short setup.
200>21>7 - Bearish
RSI<50 - Bearish
Target R405.50

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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