AGL- 200 day support broken!
Anglo has had two attempts at getting back above the 200 day moving average. Both of which, have failed. This is very bearish indeed. I think you can short this stock even ahead of the dividend. Support is a long way down and just eyeballing the level from where we are, I think there's at least R80.00 to be made on the short side, if you include having to pay in the dividend. I would close out the trade and take the loss if the stock has a strong close above the 200 day moving average. I don't see that happening today though...
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