AGY Chart, page-379

First 379 Last

Share
Profile

Follow
AcesHigh

2,318 Posts.

11

11/04/17

13:02

Post #: 23998434
Share

Originally posted by jonathan_2412 ↑

Nothing wrong with contrarian posts. I enjoy it.

But when it is baseless and posted without thought, then expect people to get upset.

You said that since this is in the top gainers list today, it's a sell signal. What chart or TA justification is this? I remember seeing RRP rerate and be on the top charts list for 4 consecutive days. I've seen other stocks do the same exact thing and there were just FA justification and no TA justification to that

You said that this was overbought and you recommend everyone to sell. Well the RSI indicator was at overbought territory for close to 4 days now. Like i say, when we were at 5.2 cents, we were already above the trend line of overbought and it should mean that technically it's overbought

You said that there's a gap there and needs to be filled. Well, technically, gappers will like to argue that all gaps needs to be filled. Common gaps. Not all breakaway gaps needs to be filled. This is a breakaway gap. And yet you are going on the rhetorics that on the charts basis people will "benefit" from selling at 7 cents.

You stand a chance to be right, and you also stand a chance to be wrong. If you're right, then it's not because of TA, because on TA accounts, we have thrown all readings away.

You want to talk chart, then talk chart. Don't speak of price based on presumptions. Where's your metrics for charts.

I'm not saying we won't retrace. 9 days green is a very rare occurrence. But at least have some substance to your post. You're just coming across as someone that is downramping and posting without substance. Any TA purist will not be able to chart this. Just no way. We have been overbought for a long time and when it's rerating, people will just wait until the dust settles and market finds it's resting point. Then they'd be able to pull back the charts and re-evaluate. If you use charts right now to say it will go down, then you're grasping in thin air. There, chart talks.

Expand

"You said that this was overbought and you recommend everyone to sell"

Incorrect - i never said that. Show the post where I said that.... exactly - you can't !!

"then expect people to get upset."

You seem very upset that I have a differing opinion to your own. People who bring emotions to the stock market don't last long in my experience.

Like i say, when we were at 5.2 cents, we were already above the trend line of overbought

Well your indicators prove very weak indeed then as AGY just topped at 0.08.

Your baseless attack on me is completely unfounded jargon.

Last edited by AcesHigh: 11/04/17

AGY Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

What's causing the cost-of-living crisis, and how to navigate it