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KatlehoThaba

Possible Head and Shoulders

Short
ANGLO AMERICAN PLC (JSE:AGL)  
KatlehoThaba  
JSE:AGL   ANGLO AMERICAN PLC
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
The stock is in what seems to be a Head and Shoulders pattern with the right shoulder still in formation. The break below R500 will confirm the pattern and the next key support area is around R200. The JSE Top 40 index has already confirmed a Head and Shoulders pattern. Yesterday's post of this setup wasn't clear.

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KatlehoThaba
Possible Head and Shoulders
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