GLENCORE PLC SELL
TARGET 156
The Major trend of GLENCORE PLC it is showing strength for selling If it breaks the support level then one can initiate selling position in the stock. If it cross the level of 66.90 then it can test level for the target of 63.90 with the stop loss of 69.90
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 45 levels with negative bias, in upcoming session downside movement is expected.
TARGET 156
The Major trend of GLENCORE PLC it is showing strength for selling If it breaks the support level then one can initiate selling position in the stock. If it cross the level of 66.90 then it can test level for the target of 63.90 with the stop loss of 69.90
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 45 levels with negative bias, in upcoming session downside movement is expected.