LSE:ANR ALTONA ENERGY PLC ORD 0.1P
Reverse position and Go Short, risk a rally to $30.5. This rally is overbought dramatically and I expect to see the largest reaction to this price level than we have seen in the entire rally. There is strong enough resistance here from the buyers who took on positions on the way down who will want to get out at break-even now that ANR has returned to near the $30 level. All I have done to publish this chart is to pull up my previous chart, hit "make it live" and then hit "publish" and type in my comments here. I hope many more chart ideas can get this level of _____ (luck). Target $24-$23. Lower stop to breakeven (entry price) after 3 days.
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