mmm,,, I've had a look at history of BB's and AGY...
The problem is BB's and AGY can only go back a couple of years so it's not much of a history,,, then bingo all of a sudden we have an uptrend...
You could say now that's broken down.
So I don't necessarily agree,, maybe I'm missing something...
I'm not here to junk the company, I like it long term. And have been a holder,, and may again sometime.
I'm looking at it purely on a technical analysis basis.. (and always on the lookout to improve my skills)
But I see a few occasions where the BBs have done similar and SP keep going (down)..
Todays reaction is a fraction of previous BB activity.. (orange circles)
Typically March 2020,, March 2021 ,,, June 2022,,,,
Of course it always came back in time ,,, but that's what happens in an uptrend. Some of those falls took up to 6 months to recover.
(who's to say we're not about to have another one?)
I'll have some haters... That's ok, but I'd rather learn and develop TA knowledge...
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