Looks like a little bit of fear has crept into the sector. AGY was holding very strong for most of the day but broke down below support. Very interesting trading going on. I'm inclined to think that the sell off on AGY has been somewhat manufactured. There's been a few doubts popping into peoples heads lately and this was just brewing in the background. Someone is buying these shares and at below the average which is what I find interesting. Imo of course. Once it broke the support I wonder how many stop loss orders where hit?
All part of game ladies and gentleman.
AGY Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
