Looking at Woolies and Anglo American PLC Technicals
Woolworths:
Has reached first short-term target, expecting more downside on the back of the trading statement that was released yesterday after the close. Next target is R56.
Source: Bloomberg
Anglo American PLC:
Broke out above triangle but it is currently facing some resistance at R192. Initial resistance has become short-term support. A break above R192 should bring more substantial upside.
Source: Bloomberg
Wishing you a profitable day of trading.
Musa Makoni | Trading Specialist at GT247.com
Wishing you a profitable day of trading.
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