new broker report - hartleys, page-8

Here you go everybody, here's my take on it.



basically AGO SP has been bouncing off the blue trend line nicely and has met resistance each time it's came to $1.94. I'm looking for a break of this resistance which more than likely will come from news (could be any of the big 4). If this resistance is broken, it should break the size of the triangle which is around 35c ($2.94 - $2.60), which gives a target of $2.30. However it may run more than this as I stated earlier with more news around the corner. I look forward to watching this to see if it plays out.

we have seen some very weird trading today, I get the feeling someone is selling and buying to themselves. Then will dump a little to flush out some sellers before we see strong buying again??

anyway I think AGO is looking good both fundamentally and technically.

feel free to give me any of your thoughts, I by no means am perfect :) and as always DYOR.