Personally, I think it's more of a FA re-rate than a TA re-rate. I realize this is the charts threat, but I think there's enough variation from traditional TA patterns to imply to me that the go-to TA patterns are no longer the driver, but the FA is starting to take over. I do believe there will be a breather, as we've risen and it's statistically likely via pure variational distribution that we'll either go down or more realistically hover around the current price to within a few %, but taking a step back, I do believe the current upwards trend will continue.
We have to take the forrest for the trees at this point. If I was trading day to day, it would look a bit "how ya goin'", but over all, we're transitioning to a producer, and our current market cap doesn't reflect those of our comparable peers.
AGY Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
