$JSE-AGLJSE:AGL Consolidating in few weeks long rectangular. Break above will target 38500.by ALSITRADER116
AGL possible upward moveJSE:AGL has broken through a descending resistance line and is looking good for a long position. For the more cautious trader, I would wait for it to close above the resistance level and the fractal before entering.Longby RossLarterUpdated 4
Bouncing off SupportJSE:AGL is bouncing off a support level at the moment with the stochastic turning up. This could possibly mean a reversal, so if it continues upward I am entering a long position.Longby RossLarterUpdated 3
Anglo American at 8 year highAnglo American continued it's strong run to R400 this morning thanks to renewed weakness in the ZAR.by Johann893
AAL - LongAnglo American PLC - Long Making good process. Long-term trend (weekly chart) well established. by Cosmic_Trader_0
ANGLO AMERICAN ; JSEEnding Diagonal with divergence on the RSI, currently trending around the Supply Zone. Sooner I expect sellers to gain momentum as the ending diagonal gets broken out of the support line thereof. Shortby TheGreatestMarketAnalyst3
Anglo American monthly chart warns for caution..A quick view of the monthly chart of Anglo American on the JSE suggests that bears are gaining the upper hand as a result of the upper tails formed on every attempt to rally beyond R320-R330 as can be seen on the candlestick chart. Bulls are just battling to gain any sort of momentum to move the stock beyond R330.This type of action is normally typical of a market distributing a stock. In addition, the monthly chart has formed bearish divergence where the stochastics indicator has been unable to confirm the new high in the stock price. I would be using this strength to take profit if I am long $JSEAGL or look to short here for moves back to potentially R270 and R240. Shortby MarcoOlevano4
Bullish Harami in a Support Zone on AGLA Bullish Harami pattern has formed on JSE:AGL which is also in a major support zone. This is usually a reversal sign. With it being on support the likelihood of a reversal is much higher. The stochastic is also turning upwards. We have entered a long position with today's price action and are looking to take profit around 32000Longby RossLarter3
ANGLO IS TRADING AT A KEY LEVEL - EXPECTING UPSIDEAngloGold Ashanti is an internationaly acclaimed gold mining company with a geographically diverse and world-class portfolio of operations and projects. Headquartered in Johannesburg, South Africa, AngloGold Ashanti is the third largest gold mining company in the world, measured by production. The company was established in 1998 when the gold and uranium interests of Anglo American Corporation of South Africa were consolidated. The group has 17 gold mines in 9 countries, has several exploration programs in established and new gold producing regions and is listed on 5 stock exchanges, including its primary listing on the Johannesburg Stock Exchange (JSE). Operating regions include South Africa, Guinea, Mali, Ghana, the DRC and Tanzania, as well as South America and Australasia. Weekly: We can see an impulse on the left of the chart and then a 3 wave corrective structure which broke to the upside. While there may be an interim pull back in price, I have a final target of 45000 - 47000 on the second impulse on the weekly time frame. Daily: Price is trading very close to the bottom of the daily structure. This is an important level as price could go either way from here. Should the structure break to the downside, a smaller confirmation structure will confirm the downside. Should there be a reversal, I am confident that wave 5 to the upside will complete at the weekly impulse target. by Linton_White3
$JSEAGLJSE:AGL Spending last 6 months in sideways consolidation. Currently testing bottom of it. Look for break or bounce from here. by ALSITRADER6
Anglo American OverviewThe AAL weekly chart corresponds to the article "Anglo American Overview."Longby Eddy_VH2
Possible reversal on AGLJSE:AGL looking good for a possible short trade. A shooting star pattern formed on Friday last week. Today's movement has been upward so far, but heading towards a resistance zone. Stochastic in over bought territory - if it crosses down, this will be confirmation.Shortby RossLarterUpdated 5
$JSEAGLJSE:AGL Breaking from down slopping channel will probably go to back test top of the box around 33000by ALSITRADERUpdated 3
Anglo American Plc - Pending Falling Wedge Time Frame: Short Term Chart: 15-min Anglo American Plc is building Falling Wedge formation, setting up a short term buy/long trade. Potential Buying Levels: Below R317.50 Stop-loss: R313.00 Take Profit Target: R328 Longby LD_PerspectivesUpdated 4
$JSEAGLJSE:AGL After breaking small box, $JSEAGL made another this time bigger box. Look for the break aboveby ALSITRADER5
$JSEAGLJSE:AGL Stuck in rage for last 2-3 months. Break above or bellow will be worth 9% of the priceby ALSITRADER4
JSE_AGL: Anglo American upward strideAfter a large amount of shares exchanged hands between Aug 2015 and May 2016 Anglo American has been in a strong uptrend. Volume has dried up indicating that shares are in strong hands. Currently AGL is in a pullback and will wait for a decisive break of the pullback trend line or the stock to reach the oversold line.Longby SteynTradeUpdated 5