NGLB trade ideas

MarcoOlevano

A quick view of the monthly chart of Anglo American on the JSE suggests that bears are gaining the upper hand as a result of the upper tails formed on every attempt to rally beyond R320-R330 as can be seen on the candlestick chart. Bulls are just battling to gain any sort of momentum to move the stock beyond R330.This type of action is normally typical of a...

ALSITRADER

JSE:AGL Bearish flag on hourly chart broken more downside

RossLarter

A Bullish Harami pattern has formed on JSE:AGL which is also in a major support zone. This is usually a reversal sign. With it being on support the likelihood of a reversal is much higher. The stochastic is also turning upwards. We have entered a long position with today's price action and are looking to take profit around 32000

Linton_White

AngloGold Ashanti is an internationaly acclaimed gold mining company with a geographically diverse and world-class portfolio of operations and projects. Headquartered in Johannesburg, South Africa, AngloGold Ashanti is the third largest gold mining company in the world, measured by production. The company was established in 1998 when the gold and uranium interests...

ALSITRADER

JSE:AGL Spending last 6 months in sideways consolidation. Currently testing bottom of it. Look for break or bounce from here.

Eddy_VH

The AAL weekly chart corresponds to the article "Anglo American Overview."

RossLarter Updated 

JSE:AGL looking good for a possible short trade. A shooting star pattern formed on Friday last week. Today's movement has been upward so far, but heading towards a resistance zone. Stochastic in over bought territory - if it crosses down, this will be confirmation.

ALSITRADER Updated 

JSE:AGL Breaking from down slopping channel will probably go to back test top of the box around 33000

ALSITRADER

JSE:AGL Another massive failure together with $JSEBIL

LD_Perspectives Updated 

Time Frame: Short Term Chart: 15-min Anglo American Plc is building Falling Wedge formation, setting up a short term buy/long trade. Potential Buying Levels: Below R317.50 Stop-loss: R313.00 Take Profit Target: R328

ALSITRADER

JSE:AGL After breaking small box, $JSEAGL made another this time bigger box. Look for the break above

ALSITRADER Updated 

JSE:AGL Braking sideways consolidation. Target should be around 33500

correa17

Cypher on AAL

ALSITRADER

JSE:AGL Stuck in rage for last 2-3 months. Break above or bellow will be worth 9% of the price

SteynTrade Updated 

After a large amount of shares exchanged hands between Aug 2015 and May 2016 Anglo American has been in a strong uptrend. Volume has dried up indicating that shares are in strong hands. Currently AGL is in a pullback and will wait for a decisive break of the pullback trend line or the stock to reach the oversold line.

Durius Updated 

Anglo American announces earnings tomorrow..a day earlier, today...it fell 3.5% in 4 minutes. Most traders took short positions on Thursday were the stock fail to progress further.

ColoreA

Breakout setup with a nice short term profit bounce from the support zone

BeFinanceMate Updated 

50MA is broken with high volume giving confirmation downtrend. Here, we can short after sure breakout of rising channel and closing below 1783.00 with target zone 50. 61.8 fibonacci levels