The daily chart shows bearish price RSI divergence followed by a breach of the short-term rising trend line.
The doors have been opened for a drop to 100-DMA levels, which is seen rising to 1020 over the next few days.
Bearish invalidation is seen only if prices retake rising trend line, while fresh buying is seen only in case of a daily close above the recent...
Hi Everyone, AAL is looking corrective so we are waiting for it to break out of the lower trend line or bounce again off the top trend line. Once the trend line is broken we will be watching it on a lower time frame for a retest or consolidation before placing the sell order.
ANGLO-AMERICAN PLC BUY
TARGET 275
The Major trend of ANGLO-AMERICAN PLC it is showing strength for buying If it breakes the resistance level then one can initiate buying position in the stock. If it cross the level of 260 then it can test level for the target of 275 with the stop loss of 245
CHART FORMATION:-
Stock is trading in a range and trading near the...
ANGLO-AMERICAN PLC SELL
TARGET 219.50
The Major trend of NGLO-AMERICAN PLC it is showing strength for selling.
If it breaks the support level then one can initiate selling position in the stock.
Support level of 229.50 Target 219.50 with the stop loss of 229.50
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the...
