1.72 is first stop, page-36

re: t10 sure pays to know your fa.chart Technically, I think AGS is going lower in the short term. The big white candle on 27/11/06 created an RSI double top (previous top 6/11/06). AGS was a sell the next day when the price failed to create another high and closed lower. Volume is starting to increase on the downside (622k, 780k, 930k) so it that selling pressure increases it will be hard to stop in the short term.

There is a rising resistance trend line between the highs on 1/9/06 and 7/11/06, which was retested on 23/11/06... the next day it gapped up, therefore breaking through this rising resistance level. The price continued higher and created a high at $1.90 (and the double top in the RSI) and it appears that the price will come back to the rising trend line, which should become support. Extrapolating the price down and across a few days gives a possible target of around $1.67 where the rising trend line comes up to support the price sometime next week (assuming selling continues). This will be a critical test because it occurs just above the gap at $1.59-$1.64 and if sellers force the gap closed then next significant level is $1.47 (the high on 7/11/06). It should be an interesting week to see how all this plays out...