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Innocentmaponde

Amplats up against resistance

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ANGLO AMERICAN PLAT LTD (JSE:AMS)  
Innocentmaponde  
JSE:AMS   ANGLO AMERICAN PLAT LTD
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
Amplats enjoying a good run from it’s recent lows below R650 to test highs above R700 in today’s session.
I previously missed the move from R730, but I’m still bearish this stock.
Price may overshoot the R720 resistance area, but I will take that as a chance to get better entry.

I’m looking to trade it as follows:

Short at R720 (or better)
TP at R600
SL R800
Aviso legal

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