Amplats broken through support
Anglo American Platinum Ltd have had a good run of it over the last year. The stock has been very bullish but it would seem as if it has run out of steam and momentum.
As of the end of February, a big bearish divergence have occurred between price and the MACD. Since the formation of that divergence,
AMS has also broken through support at about R720.
It might be a good time to go short, but I would like to get a better price than where it is currently trading.
Action: Place a limit order to go short at R720 with a stop loss set to R780. Set your take profits to R660 and R600 respectively.
As of the end of February, a big bearish divergence have occurred between price and the MACD. Since the formation of that divergence,
AMS has also broken through support at about R720.It might be a good time to go short, but I would like to get a better price than where it is currently trading.
Action: Place a limit order to go short at R720 with a stop loss set to R780. Set your take profits to R660 and R600 respectively.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.