Classic formation on the Bollinger Bands which now calls for a violent move upwards as the topside band currently holding .82c & pointing upwards , and with the SP trading /closing at .47c way below the lower band closing at .53c .
I am by no means a charting expert but have been a keen student of the BB price movements and invariably a violent retracement has mostly occurred when such formations have developed and become overextended.
However FA will still be the main driver of an AGY SP recovery.
Not financial advice --DYOR.
AGY Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
