AGO 0.00% 4.5¢ atlas iron limited

AGO Charts and SP

  1. 2,103 Posts.
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    @rcman, Here's a chart of weekly AGO SP, to show the red week we've just had that you mentioned in your post #:26156637. I suspect some of the red was simple profit-taking from the rise from 0.012/3 to 0.018/9 (which is c.50%). I've just added SMA at 8 and 42 weeks. What would you suggest would be better? I know you like EMA, but I haven't been able to find it on ProRealTime charting (which is surprising, but I've only been using it a couple of weeks, so still on my L-plates). Interestingly, the weekly SP chart shows that current 0.019 resistance was support back in Nov/Dec. The other interesting thing is to see how volume is building up, especially compared to Aug-Oct last year.
    Cheers, GW

    Screen Shot 2017-07-29 at 12.02.38 pm.png

    P.S. The weather is simply sublime here (Illawarra), 20ºc with 26°c forecast for tomorrow - jeeze, that's almost summer!
    Last edited by graywolf: 29/07/17
 
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