AGO 0.00% 4.5¢ atlas iron limited

can it hold 1.20?, page-14

  1. 19,628 Posts.
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    Yes I got hit at 1.185 when it dipped to 1.18.



    Only thing to watch for is AGO is getting a little over extended. Macro market conditions could impact on a clean break of 1.21.

    I am fence sitting on the following possibilities;

    A. Gap up open where 1.23/1.24 may be offered = I would sell and buy the retrace.

    B. Fail to break 1.21 and retrace back to 1.10/1.11 = I would sell and buy the pullback.

    C. Continue to grind as it did today and then power ahead, ala MGX at 1.00 recently. If that were the case then AGO easily add 10% fairly quickly. Ultimate target imo $1.46 before it settles for the next move (in either direction).

 
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