AGO 0.00% 4.5¢ atlas iron limited

er,fff,Agree with both posts, Short term overbought, just a mild...

  1. 31,433 Posts.
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    er,fff,

    Agree with both posts, Short term overbought, just a mild correction. Want to feel better, Look AT MGX it suffered a worse than Atlas.

    So short term overbought, Long term oversold :)

    November is normally the rocky month, still holding well and bounced of support, Support levels 1.17, 1.13 &1.10

    XJO tested and bounced off 5300 support

    XAO support 5294

    IO anything over $120/t is extremely healthy

    Nothings changed about the company from last week to now so not to worry

    + 2 x substantial holders at approx. $1.10 per share (over 10% shares on issue) I'd see that as a fairly solid wall of support

    Bernanke comments were positive

    Im leaning more towards a jump in price tomorrow

    Good luck!
 
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