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Angloashanti

Anglo-AshantiThe previous bullish idea has been invalidated. JSE:ANG failed to find support at the support level, and to bounce at a key MA. JSE:ANG has broke below the 200 dMA, not looking for long opportunities as long as it remains below this level.
JSE:ANG
by Trend_Trader_JSE
Anglo AshantiJSE:ANG could be onto something. The stock cracked weeks ago witht the rest of the gold stocks. We noted a potential support level, and now the stock is trading above a key MA. It looks bullish to me.
JSE:ANGLong
by Trend_Trader_JSE
Anglo-AshantiFollowing a promising rally in TVC:GOLD futures, gold miners benefited from the rally. However, JSE:ANG has given back all the rally gains. JSE:ANG is now trading below what was a potential support level, and it's trading below the 200 dMA. From this view, the stock is bearish, but fakeouts do happen.
JSE:ANGShort
by Trend_Trader_JSE

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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