ANGLO-AMERICAN PLC BUY
TARGET 275
The Major trend of ANGLO-AMERICAN PLC it is showing strength for buying If it breakes the resistance level then one can initiate buying position in the stock. If it cross the level of 260 then it can test level for the target of 275 with the stop loss of 245
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 above the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 61 levels with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustained above the zero level line.
TARGET 275
The Major trend of ANGLO-AMERICAN PLC it is showing strength for buying If it breakes the resistance level then one can initiate buying position in the stock. If it cross the level of 260 then it can test level for the target of 275 with the stop loss of 245
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 above the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 61 levels with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustained above the zero level line.