Wegian Thoughts....
The reason I went all in as I saw a break in midterm resistance and the markets looked ready to pump.
BUT we need to see a break out of short-term resistance to eradicate the bear flag cycle. IF we don't see a break out of short-term resistance the bear flag is still in play and I have made a mistake....
IF we break short-term resistance expect to see the markets and AFG pump next week. I anticipate a retest of previous resistance of 4168 before we pull back to flip short-term resistance into a new support level.
The price will then bounce off the new support and retest long-term resistance which if it breaks we will see a huge market recovery and all time highs in the following months.
Yours faithfully
HC Charting Guru.. Wegian
Wegians Thoughts....
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Last
$1.65 |
Change
0.015(0.92%) |
Mkt cap ! $446.7M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.69 | $1.65 | $522.7K | 313.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 26899 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |