Loyiso_BlaqueSoros_Mpeta

$JSEAMS - Anglo Platinum: Bullish As Long As 58007 Holds Firm

Long
JSE:AMS   ANGLO AMERICAN PLAT LTD
See link below for previous update.

After a massive 78% plunge from the all time high of 267538 cps to 58007 cps, AMS has seen buyers get in the stock.
The move up from 58007 has yet to trace a five wave advance in an impulse or leading diagonal so it is still premature to say a bottom is in though the bear wave count looks complete.

I will maintain a bullish stance a long as 58007 holds

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.