ABGL.L: African barrick

Good example of a bearish engulfing pattern:


dl.dropboxusercontent.com/u/4899609/abgl100314.png

Another one from the interesting chart section, very close to the bottom of the price channel line so one to keep an eye on.

Closed this am @ 189

Bullish Engulfing Candle
Long @ 176.29 on Friday

SL @ 161
This is in a strong downtrend & I don't normally try catch falling knives or try to catch a bottom but this is exceptional & its only a short term trade.

Thats an intresting flashbag...No idea remo how come update got the charts, but there are few companies which listed on AIM, i dont see any past history which is true....let mw findout tomorrow from updata and ask how come they have got the charting data....

Cheers
Ram

This explains why the charts are valid from 2010. Thats when it floated on the LSE
Still bugged how updata could have prices from way before if it was not listed??????
A mystery in the making


This is from wikipedia so cant guarantee the information

The business was established as a unit of Barrick Gold when that company started mining in Tanzania in 2000.[2] Barrick's involvement in Tanzania had begun the previous year, when the company purchased the Bulyanhulu property as part of its acquisition of Sutton Resources Ltd. Barrick then acquired Buzwagi and Tulawaka as part of its acquisition of Pangea Goldfields Inc. in 2000. Finally, in 2006, Barrick acquired North Mara, when it took over Placer Dome.[3] The company was floated off by Barrick Gold and first listed on the London Stock Exchange in 2010