AGL 0.11% $9.45 agl energy limited.

Things to consider on AGL,Seeing as this is supposed to be a...

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    Things to consider on AGL,Seeing as this is supposed to be a chart thread, I thought i might post a chart. AGL has been in a long downtrend since April 2017 . This is a normal Elliot wave correction after a wave 5 . We are currently on a C leg which has just reached a 161.8% ext of the AB wave pattern short. Note also that the average period between major lows is 81 months, which we have just hit as well. The average period between major highs is 118 months . The question is have we reached the bottom and could we see a move back up to $24 in the long term. If we are on on a new impulse pattern, this could be the start of a move long. Wave 1 is normally longer in time and price than the preceding wave of the same degree. In other words, wave 1 should travel to at least the height of wave bhttps://hotcopper.com.au/data/attachments/4174/4174897-1dd84f7dc9626c7a10d4984d57ff81b5.jpg
 
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
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AGL (ASX) Chart
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