chart., page-51

Hi Musashi,

I appreciate your generosity in taking the time to share this information. When AGS hits $1 I will change my forum name to John or JohnDoe or AGoneS. It's making me realise how risky the trade from 37c to 40c I pulled of the otherday was. In the meantime back to waiting for further confirmation resistance will hold rather than diving right in under that falling knife.

Assuming it does rally to 60c, any advice how to play it? (I am not going to try and hold you liable just interested in how a veteran approaches this scenario)

Sell at 59c and once a double top is confirmed/not confirmed and react accordingly?

Our thinking seems to align in that a drop below the 36c support level is long term bearish for the stock so a buy if/when gap B gets filled is only a short term trade, possibly detrimental if held too long. I can't help but think this would also be reflected in the fundamentals though I may be reading a little too much into the relationship between charts and real life.