Australia's largest stock trading and investment forum Australia's #1 stock forum

AGS

Click for more information

0.00%

17.0¢ alliance resources limited

http://stockcharts.com/school/doku.php?id=chart_school:chart_anal...

First 3 Last

Share
Profile

Follow
robbo24

7,025 Posts.

318

25/01/18

12:39

Post #: 30565444
Share

Originally posted by pastimer ↑

i will try to give you my humble insight in TA terms. Lets take the picture of last week:

View attachment 937675
Upper blue line is maximum reached after an of jan 18? Lower blue line aound 9 cts is the breakout level. The green line is the low of yesterday, coinciding with the highs around jan 17th. That seems to give support. With the purple lines I tried to visualize the sharp up- and downtrends of the past week. Today we are breaking this sharp downtrend, again with a little gap. GLTYA.

Expand

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis

"There is an old saying that the market abhors a vacuum and all gaps will be filled."

Look at your chart again - looks to me like the gap has been filled, I wonder what happens next

AGS Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 11 more messages in this thread...

First 3 Last

Add AGS (ASX) to my watchlist