long trend , maybe time for short short??

AUSTRALIAN GAS LIGHT COMPANY (THE)
- ORDINARY Last: 1100
Change: +9 (+0.8%)
52-Week Range: 895-1094

Current Bid: 1094 ….Current Ask: 1100
Total Class Issue: 439,293,639

Net Tangible Assets ($/share): $3.17
Code: AGL Div. Payable Date: 16/Oct/2002
Open: 1100 Ex. Div. Date: 26/Sep/2002
Day High: 1115 Franked Pct: 59.26%
Day Low: 1100 Status: Normal
Trades: 137 Earnings/Share: 51.6
Volume: 219,934 Div. Rate/Share: 52
P/E: 21.32
Market Cap (Undiluted): 4,832,230,029 Industry Sector: -


AGL could be a candidate for a short retrace?? the chart is showing it to be overbought after breaking through $10.80 which has offered some resistance for some time ,
Made an inverted hanging man then a bullish candle some profit taking at this new price could see a pullback to the bottom trend line .