I have taken an opening position in AGS this week at 46c. From a purely technical charting observation, I like what I see. It may be difficult to guage for the next couple of weeks due to seasonal low volumes, but the uranium/gold mix is attractive to me.
Good respect of 200d MVA and 50/200 in positive alignment. Also oversold on the weekly slow STO. Overhead resistance zone between 50-55c and I expect that to be tested in the not too distant future. AGS is now clearly in an established uptrend since the June/July lows.
