BEARISH if 11.5p is lost & closed below – 10.6p BUY entry
ANGLO AFRICAN OIL & GAS PLC ORD 5P LSE:AAOG
RSI very overbought and if t-line is lost at 11.5p we will get back to 10.5-10.7p before the next leg.
Last candle gives a daily bearish sentiment to come so will watch with interest.
Cooling down in the chart will give more strength for a further rise and breaking the 200ma
If we do bounce from 11.5p and hold then you might not see that retrace so keep an eye.