A bullish journey begins on Angle PLC

Share On Facebook
share on Linkedin
Print

A bullish movement has begun on Angle PLC stock (LSE:AGL). In the past several months, price has moved in what can be called a tight consolidation, prior to the breakout that is being currently experienced.

The breakout happened this month and this seems to be the beginning of a protracted bullish move. Price is now far above the upper Trendline and the RSI period 14 is in the overbought region, close to the level 90. While there may be temporary pullbacks along the way, price is expected to go further upwards from here.

Angle PLC is essentially a bull market, and the resistance levels at 85.00, 90.00 and 95.00 may end up being tested.

Traders’ Mindset: Traders’ Mindset

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210923 02:55:18