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RossLarter

AMS - Possible long trade

Long
ANGLO AMERICAN PLAT LTD (JSE:AMS)  
RossLarter  
JSE:AMS   ANGLO AMERICAN PLAT LTD
Trend Analysis jse ALSI ZAR southafrica angloplatinum
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trendanalysis jse alsi zar southafrica angloplatinum
AMS is looking good for a long position based off of our 3 momentum indicators. It has also recently found support and bounced nicely off of the 200SMA. I think we could see a nice upward move to at least the 180000 level and if it doesn't find resistance there and breaks through it could go all the way to around the 200000 level.
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