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Buy Altona Energy (ANR): Extended Reversal Pattern

By Zak Mir | Thursday 30 May 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


In terms of what can be seen on the daily chart of Altona Energy at the moment it can be said that we have a classic mix of positive reversal signals that should be more than enough to turn the stock around in a significant way after an extended bear run.


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