AGO 0.00% 4.5¢ atlas iron limited

atlas chart, page-40

  1. 247 Posts.
    Today is the first test of the upper band of support. The lower level is 83.5.

    The fib levels to focus on within this range for support are

    96
    92
    88
    83.5

    AGO must find support within this price range otherwise the bullish technical picture that was in place will weaken significantly.

    The equality target for the downside structure to complete is at 92.5. This level has a fairly high probability of being tested.
 
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