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Anglo american

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anis
Not applicable
why has anglo americn has fallen so much,
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2 REPLIES 2
Not applicable
Technically, AGL hit a Hanging Man pattern on the 11th of April and then dropped 4.57% on the 12th right through the lower trend-line of it's continuation pattern (basically by falling through 35300. So now we are basically going through the motions. The above mentioned continuation pattern is part of the down trend signaled by peaks on 14 Feb and 1 March. Hope this helps.
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Yatagan
Frequent Contributor
Hi Hott1. Where would the next support level be for AGL? Would it make sense to short this now if support is much lower than today's price?
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