SteynTrade

JSE:AGL Anglo American Buyers at Oversold Levels

Long
JSE:AGL   ANGLO AMERICAN PLC
Anglo has been trading in a well defined upward stride. After reaching the oversold line and yearly pivot point we have seen buyers step in as indicated by the increase in volume. There is also negative divergence with the volume RSI pointing to a continuation. Looking for the upward stride to continue.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.