Glencore PLC

bear Flag, or new uptrend??? i don't know tbh....
Best left alone atm...

Just moved my stop to profit....
I would suggest doing the same folks...

Thanks again for the heads up Abu...

Well spotted adu - hope you took/are going to take a quick bit of profit out of that!

Yes saw that this morning abu. Also MACD divergence.
Copper bounced from an equal low this morning on the hourly with divergence. Needs to break TL at ~212.

Can't post hourly charts unfortunately.

F4T

Brilliant chart, and well spotted. I don't noramlly use hourly tbh..but looks ok to me for a scalp....
Keep a stop below that trendline, and move to profit on a rise imho...

Regards,
Trendfriend.

Looking at Glencore what do the more experienced chartists think here. I see a break above the down trend line on the hourly and a divergence in the RSI. There is a doji on support with a green candlestick as the next one. The only thing stopping me buying this is that the FTSE is negative.




What does anyone thing buy or not?