While many stocks are enjoying the most bullish moment, mining, commodities & precious metal related stock are battered silly.
I guess the investor would have throw in the tower and would like to forget about ANR forever.
Things doesn't look that bleak though..., MACD has broke out from downtrend line and is slowly creeping higher, price is about hitting channel bottom with a pseudo tweeter bottom pattern. In order for the stage 4 bear to change into stage 1 bull, ANR price has to break out the current accelerated channel top.
Looks like there would be at least one/two more monthly bars of consolidation
Be patient
I guess the investor would have throw in the tower and would like to forget about ANR forever.
Things doesn't look that bleak though..., MACD has broke out from downtrend line and is slowly creeping higher, price is about hitting channel bottom with a pseudo tweeter bottom pattern. In order for the stage 4 bear to change into stage 1 bull, ANR price has to break out the current accelerated channel top.
Looks like there would be at least one/two more monthly bars of consolidation
Be patient