Dig a bit deeper and you will see that Anglo American offers a decent short-term buying opportunity, says Marcus Bullus at www.mbcapital.co.uk
China is clearly serious about stimulating its flagging economy, which should be beneficial to the mining sector. Anglo has dropped by almost one-third from its February high but has again found support around £20. Go long, putting a stop well below £20 to begin with, and then trail it upwards as the profits amass.
