AGO 0.00% 4.5¢ atlas iron limited

0.036 is your short answer @Aeon Yes, you are right @Stockholm...

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    0.036 is your short answer @Aeon
    Yes, you are right @Stockholm

    Next upward move will need to break and stay above 0.036. I expect a continuing repeat of the patterns seen Nov/Dec 2016 into Jan/Feb 2017 with sharp pushes up, followed by strong retracements, followed by a period of consolidation in a slow rising trend.

    I would expect that if AGO has a strong week next week, it will be a case of 'buy on rumour' in anticipation of a good quarterly report, and that when the quarterly comes out, it won't produce much of a SP increase, maybe even a drop on the basis of 'sell on news'.

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