AGO 0.00% 4.5¢ atlas iron limited

AGO Chart Thread

  1. 1,251 Posts.
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    Hey All,

    Learning basics of charting, so no time like the present to upload and start practicing. See below.


    -Long held resistance of 3.5/3.6c (Sep/Oct 15, Mar 16, and multiple other points)
    -MACD turning positive(using 0 lag measure. Normal shows strong bearish due to the utilisation of back info)
    -Has broken downward trend
    -Money Flow indicating oversold
    -Stochastics turned positive, (Fast 38, slow 27, 50 being neutral) which both sit on the oversold side of the fence)however are not descriptive either way. Notwithstanding this only indicates the force of the trend.

    If it breaks 0.035/0.036, it would be a +++
    a.PNG

    Any constructive commentary welcomed
    Last edited by morganman: 15/03/17
 
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