Anglo American Plc: 10% Rally; Then Consolidation, Now Re-Emerging Strength
- Lester Davids
- 2 days ago
- 1 min read
Research Notes For 02 to 06 June > https://www.unum.capital/post/r0206june
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Notice the strong candle structure with the potential development of a bull flag technical formation?

Previous Post (23 May): Anglo American Plc: Generating Cash For Short Term Traders (+Model Follow-Through)
Updated chart as of Friday, 23 May at 10h18 (South African Time):
This is a great example of a reading we don't often discuss: the bullish reversal trade!
A +5.5% gain from around Monday's lows (now +7% as of 11h03)
Some decent cash flow for the active trader.
The time-stamped model reading is shown below

Previous Post (Monday 19 May): Trading Anglo American Plc
Current Price Action Model Reading:

Current Daily Chart

Lester Davids
Senior Investment Analyst: Unum Capital
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