2020 Charts, page-961

Day 3
Looking at the weekly first, there is still a solid re-rate underway & so far nothing to indicate that it is about to stop.
The weekly Stoch 5 is very wide still trending up & not yet into overbought territory while the stoch 14 is just crossing but the bar won’t be set for 2 more days yet.

On the daily however we see more signs appearing.
A divergence has formed between the sp & the stochastics (sp making a new high, indicator making lower high) & both below their sig lines now & pointed down.
For thos who prefer the RSI, that is also showing a divergence
The close was half way down the day’s range. & would have closed in the low half if not for the after market round up.
None of these signs mean we have seen the peak just yet but they do imo send a strong signal that a pullback is due.


Not sure if this is a good sign or something else but the VWAP so far this month (3 days worth) is 11.042 compared to last months 6.78.
If there is/are new entrants into AGY with deep pockets how high are they prepared to pay up before slowing things down?