AGE WEEKLY REPORT, page-278

AGE drifting along the macro?

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From a weekly perspective, a very slight gain from 3.8 to 3.9 this week. Volume moderate and usual.

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So what is happening? It's playing the macro. Which is not giving a confirmed direction. it played 4.4 couple of days, now back to testing lower level of 3.8.
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Personally I had a small trade. I do play with a portion of my stock as most people who read my posts would know by now. So I sold some at 4.2 and bought back at 3.9. My average last week was 3.65, this week its 3.55, a small play, but I like to trade.
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So what may happen next week? All eyes on CCJ. As I wrote last week, if it can hold 39/40 level, it's game on. Otherwise talks of protecting capital may come into play. CCJ is at critical juncture. It can go either way. Let's hope its on the up. Enjoy your weekend and all the best.