tayalsmith

glen analysis

Short
LSE_EOD:GLEN   None
GLENCORE PLC SELL
TARGET 86.50
The Major trend of GLENCORE PLC is showing strength for selling. If it breaks the Support level then one can initiate selling position in the stock.
Support level of 86.50 Target of 82.50 with the stop loss of 90.50

CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 48 levels with -ve bias, in upcoming session downside movement is expected.

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