AGY 0.00% 12.5¢ argosy minerals limited

2022 Charts, page-14

  1. 5,345 Posts.
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    I very much expect this to happen, I've wondered about it for a few months and about three weeks ago I became confident about the timeframe it would play out on. I've posted my charts about it in this thread over the last few weeks. The target for that 'giant cup' is something in the vicinity of 90c (we don't yet have the exact target, but if the exact TA setup targets are hit it will be 92.5c).

    If you can be bothered scrolling back and looking for my posts you can see my thoughts on it, but I think we're currently in a cup which will have the right edge around 36.5c which will give a target price of around 50c (close enough to 48c to set us up for the giant cup), which will give us a target price of around 90c, and the timing for completion of the giant cup fits in nicely with the completion of the commercial plant, and the TA target price fits in nicely with what a lot of people are suggesting as an appropriate FA target at that time, although if BG dilithium prices continue to rise and/or we get some developments about the expansions and/or there's any developments up at Tonopah (plenty of possibilities there!), the ride might not be over after the giant cup's target.

    Late last year I sold everything else and went all in on AGY, which describes what I'm expecting.
 
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