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Looking to buy Anglo American: Neighbour
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Joe Neighbour is looking to buy shares in Anglo American even if mining companies have taken a beating in the past sessions.
He says it is a bold call, but Neighbour is basing his call on both technical analysis and the fact that miners have been a huge driving force behind the rally seen in the past couple of months.
Neighbour believes that the current dip in stock prices offers a buying opportunity and is looking to buy at 650-660 with a stop at 570 and a price target at 810.