AGO 0.00% 4.5¢ atlas iron limited

its downhill ago 46c, page-20

  1. 205 Posts.
    Thanks Mitta3 EW is based on fractal theory. There are wheels within wheels, and to interpret EW is a bit of an artform at times and extremely accurate in others..

    The recent sideways action in AGO was a corrective wave that I thought would last longer and have a week or so upwards before resuming the main trend. I was wrong.

    The sideways action plus the broken support level has just set the stage for the next leg down IMO. 67cent is just a minor rally point though in this next leg down.
 
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