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RossLarter

Glencore showing signs of downward momentum

Short
GLENCORE PLC (JSE:GLN)  
RossLarter  
JSE:GLN   GLENCORE PLC
Supply and Demand Trend Analysis jse ALSI ZAR southafrica glencore
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supplyanddemand trendanalysis jse alsi zar southafrica glencore
GLN is showing signs of downward momentum based on the indicators of our momentum strategy.
The EMAs crossed in a downwards direction yesterday while the stochastic both crossed downwards the day before.
I think we could see a move down towards the previous support area at around 5780
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