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Anglo American.....how much more?

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2 years 10 months ago #18036 by not-just-anytradr
Thanks mate i really logged on to ask Remo his thoughts on this , i think you are right but if touch 3 breaks down then how low can it go. I hoping for the bounce though.

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2 years 10 months ago #18034 by Shotry
two downside gaps have come into play. The first to 2625 has closed. The second, that I think is likely to fill will see the price come off to 2545. That co-incides with the rising TL support from Mar 16th, Mar 27th and if it touches again it would be touch 3. That might represent a speculative enty if you assume price will bounce off the support.
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2 years 10 months ago - 2 years 10 months ago #18026 by remo
File Attachment:


This one has a 123 low break out today and its right at support from history so looks good. stops would have to be below support around 2400

Last edit: 2 years 10 months ago by remo.
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4 years 8 months ago - 4 years 8 months ago #17584 by remo
target for short is around 2500,
This has broken a clear head and shoulder pattern. also channel breakout
Use tight stops above todays high

Last edit: 4 years 8 months ago by remo.
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8 years 7 months ago #14889 by remo
This ones currently at the top of the channel. Only worth going long if this can breakout past the 123 low formation at 1066. Otherwise ranged bound within channel. So one to watch :lol:


dl.dropboxusercontent.com/u/4899609/anglo3rdjuly2017.png

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8 years 11 months ago #14586 by remo
This one is getting close to its long term up trend line.
Im looking at going long on a first attempt of this trend line . So on my watch list. :)
Will be using a tight stop as well.


dl.dropboxusercontent.com/u/4899609/anglo28thfeb2017.png
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