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SteynTrade
Sep 5, 2019 6:40 PM

JSE:AGL Anglo American Buyers at Oversold Levels Long

ANGLO AMERICAN PLCJSE

Description

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.
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