AGY 2.63% 3.7¢ argosy minerals limited

2019 Charts, page-777

  1. 4,507 Posts.
    lightbulb Created with Sketch. 6966
    Perfect textbook stuff so far.
    Daily. Opened on support, dipped below that & the rising trend line before closing above both & in top half of the days range with significantly higher volume

    Still showing weakness though as we failed to close above the top of the 35 period range.
    The Stoch 14 is still trending down as is the Histogram.

    The weekly is also conforming as per the script at this stage.
    The bullish candle pattern is still relevant as the last two red bars are still inside the range of the big green bars.
    The stoch is still trending up as is the MACD & Histogram.
    On the down side (for the weekly) the stoch is closing back toward the sig line & we have so far failed to break the downward sloping trendline. The MACD is now very wide from its sig line.

    So.
    At this stage I see another retest of the resistance (0.079 - 0.082) today but at the present time my weekly model shows the potential to retest this weeks low area. AGY 19 Jun.png agy Wkl 19 Jun.png
 
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