By the time we reach the EMA it would have risen to about 33c or so. That happens to be the first unfilled gap under 35c. Considering LPI has crashed thru their 786 fib level, we might see us crashing thru our 34c 786 fib level as well. Filling that 33c gap is not out of the question and would just touch ur LT EMA line.
How these gaps line up in advance with TA indicators and fib levels is truly amazing. It is as if an algorithm has calculated in advance where they will be and placed gaps at the appropriate levels during the rally so it can trigger the sell downs at the peak to encourage sp back to the desired level.
AGY Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
