Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

8.00%

8.1¢ argosy minerals limited

2021 Charts, page-1724

First 1724 Last

Share
Profile

Follow
Darkstone

3,335 Posts.

3617

17/06/21

07:57

Post #: 53888120
Share

Originally posted by Darkstone: ↑

@stevo 111 Comment as requested:

Expected path as marked. Appears to be commencing a new EW 5 cycle sub wave rise. Based on the RSI it appears subwave 1 is complete and wave 2 has commenced. I estimate a target of 10 by the indicated date (green vertical column), and then wave 2 should go to 19 by the indicated date, assuming the FA that drove it through the first cycle are still current and no black swans appear. The lower chart shows a pattern basis which at the moment is a flag forming with a 4c pole and a probable break around 10 and an expected target of 14. So I'd guess the range is between 14 and 19 by 26 Jul. I'd be leaning closer to 19 than 14, as there should be 2 more flags in that sequence 4 + 2 -1 = Target of 19 again.

At that point it could extend or retrace. One would need to consider the matter at that time, woever it would be forming a W or cup and could easily extend another 50% of the height before retracing and launching wave 5.

I know nothing of the FA of this stock, this is based purely on the TA and would need to be moderated by FA considerations.

Expand

Correction: "and then wave 2 should go to 19 by the indicated date," should read "and then wave 3 should go to 19 by the indicated date,".

AGY Price at posting: 10.5¢ Sentiment: Buy Disclosure: Not Held
7 Upvote

0 Great analysis

Reply

Top Stories

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

There are more pages in this discussion • 2,076 more messages in this thread...

First 1724 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 8.1¢		Change 0.006(8.00%)		Mkt cap ! $117.9M

Open	High	Low	Value	Volume
7.7¢	8.5¢	7.6¢	$514.1K	6.505M

Buyers (Bids)

No.	Vol.	Price($)
3	288670	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	145599	1

View Market Depth

No.	Vol.	Price($)
3	288670	0.081
5	702500	0.080
3	84919	0.079
4	211000	0.078
4	372832	0.077

Price($)	Vol.	No.
0.084	145599	1
0.085	137008	3
0.086	4500	1
0.089	28089	1
0.090	145101	5

Last trade - 16.10pm 27/06/2024 (20 minute delay)

AGY (ASX) Chart