RossLarter

Double Bottom with upward momentum

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JSE:ANG   ANGLOGOLD ASHANTI PLC
ANG has formed a double bottom chart pattern and is showing some upward momentum based on the upward turn on the stochastic at the end of March and, more recently, the crossing of the EMAs and the upward turn of the MACD. If it breaks through the highs formed in early March, it might give us a nice upward move.

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