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$JSEAGL - Anglo American: Is That A Head & Shoulders Pattern?

JSE:AGL   ANGLO AMERICAN PLC
Sometimes it helps to take a step back and look at a clean chart for classic chart patterns.

Looking at Anglo American, a Head & Shoulders pattern looks to be playing out and being confirmed by a break below the neckline.
Sometimes these patterns fail and we do not see the continued downside associated with these patterns.

If not already short, it's best to sit on your hands and monitor price around the neckline.

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