JSE:AMS Anglo American Platinum Re-accumulation Trading Range
Anglo Plat has had a good run but has now started to form a trading range. I have been following the accumulation of Anglo Plat since 2018 (See post below). It has had a great run after breaking the accumulation trading range (TR). We have seen a buying climax (BC) signalling the start of a smaller TR during the markup phase E. This could be a re-accumulation and backup to the breakout that is forming. Will watch for the action during the TR to time going long again when this is done. It may take a little time before this happens.
