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RossLarter

AGL - Upward Channel

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ANGLO AMERICAN PLC (JSE:AGL)  
RossLarter  
JSE:AGL   ANGLO AMERICAN PLC
Parallel Channel jse ALSI ZAR southafrica angloamerican
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parallelchannel jse alsi zar southafrica angloamerican
AGL has been trading in an upward channel and has recently bounced off the top for the 3rd time. I think we could see a move downwards to the bottom of the channel from here. The 60000 level is a potential target before either bouncing up or breaking out of the channel.
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