While until a few days ago my lines on $JSEAGL (Anglo American PLC) looked more like a wedge, it is now taking the shape of a flag. As it seems the awaited Wave 3 down for all markets is now busy starting, this counter could be in for a horrible time when looking at the long flag pole on the left upper side of the flag. I do have another published target of closer to R400.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.