JSE:ANG Anglogold Next Step Up
Gold stocks are looking to have a good markup and Anglogold seems to be one of the best in a strong sector. After a spring, last point of support (LPS) and backup to the trading range (BU) which all gave opportunities to enter (see posts below) we are now ready for the markup. The volume is low with ease of movement in the price. This indicates that the stock has been scooped up by the large players and they are holding on to it so there is little stock available so there is little supply.
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