AGY 7.69% 14.0¢ argosy minerals limited

@princey37This is the first time in more than 2 years that all...

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    @princey37
    This is the first time in more than 2 years that all the MAs (ST and LT) are in alignment on the weekly time frame for AGY.
    Purely from empirical observation, this only occur when weekly wave 3 is in progress.
    Conversely, weekly wave 1 will pop the weekly MMAs (which will be in the wrong order), retrace and tends to inflex to the correct alignment during weekly w2 and on commencement of the big weekly wave 3.
    I recently read a few chapters of Trend Trading written by Daryl Guppy - and coincidentally saw a post by W3 with such MA ribbons.

    https://hotcopper.com.au/data/attachments/2961/2961441-3b1a6b5dbe0fd96289d718309cd4a638.jpg





    Last edited by myleogb: 02/03/21
 
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