AGY 8.33% 4.4¢ argosy minerals limited

2018 Charting, page-1035

  1. 193 Posts.
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    ...based on what?

    That was a support level from 25 October to 24 November; nothing suggests to me that $0.215 will be tested again; without broker data yesterday appears to have been a sell off by people who read too much into the expected announcement, plus panic selling from inexperienced people who got in sub $0.15, plus a whole buttload of people getting stopped out.

    Could be incorrect, but yesterday looks like a bad reaction and hence an outlier as h00ts said and nothing more. Be very surprised if the price doesn't hop back up above a weak resistance of $0.27 and re-establish support at $0.29 shortly after.

    Happy that the weak hands appear to have gone!
 
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