AGO 0.00% 4.5¢ atlas iron limited

Broken out and trending, page-9

  1. 428 Posts.
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    Yeah big ask for sure but reasonable. Time will tell I guess.

    The iron ore price is relevant but not as much as a month ago. Obviously if io plunges to 30$ then were in trouble. By now though all the anxiety of over night io crash is slowly disappearing and the market doesn't seem to be as responsive to minor increases and decreases in the price as it was before.

    Io in general follows a seasonal trend and based on that general trend I expect it would decrease in the next couple of months. Now the market might interpret this as the prophecised crash and sell in a panic, which is a good time to reload. So if u do see io crash in the coming months, do a bit of reading as see if there's something to it or it's just following the annual trend.
 
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