ANGLO AMERICAN PLCShort
Anglo American Plc
- I recommended buying the pullback to 64800c
- Then again at 67400c
- Expected a minor retracement at
72300c.
- We saw some, then it continued
Higher.
- Is the current level near to where it
Retraces? Here’s what I’m seeing:
- Price at 61.8% bearish Fibonacci Retracement + near overbought with a
+70 7-day RSI reading.
- Sell plan | if it fails to hold the prior day’s highs or prior day’s close (Friday, 27 may) then that could signal the Start of an ultra short term pullback.
- Then again at 67400c
- Expected a minor retracement at
72300c.
- We saw some, then it continued
Higher.
- Is the current level near to where it
Retraces? Here’s what I’m seeing:
- Price at 61.8% bearish Fibonacci Retracement + near overbought with a
+70 7-day RSI reading.
- Sell plan | if it fails to hold the prior day’s highs or prior day’s close (Friday, 27 may) then that could signal the Start of an ultra short term pullback.
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