GLENCORE PLC
Long

GLN - Multiple reasons to go long

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GLN has shown multiple reasons to enter a long position. Firstly, the EMA's, stochastic and MACD are all signaling an upward move, the fractal from the 7th of May has been breached and it has broken through a descending resistance line plotted on the chart.

Today, our order to go long was triggered. We are looking to reach the target at around the 125 level.

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