runyamhere

Anglo American (AGL): Taking Profit

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JSE:AGL   ANGLO AMERICAN PLC
AngloAmerican is hitting a resistance trendline that has halted uptrend before, the expectation is for price to trend down with an objective target of the upward slopping trendline below. Savvy traders can switch from long to short & add to the profit on price trending down then switch back to long when price breaks the trendline.
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