AGY 5.00% 4.2¢ argosy minerals limited

2023 Charts, page-396

  1. 775 Posts.
    lightbulb Created with Sketch. 934

    Way oversold to buggery.

    Classic formation on the Bollinger Bands which now calls for a violent move upwards as the topside band currently holding .82c & pointing upwards , and with the SP trading /closing at .47c way below the lower band closing at .53c .

    I am by no means a charting expert but have been a keen student of the BB price movements and invariably a violent retracement has mostly occurred when such formations have developed and become overextended.

    However FA will still be the main driver of an AGY SP recovery.

    Not financial advice --DYOR.
 
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