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0.00% 17.5¢ alliance resources limited

Interesting chart. Had the Death Cross back in March and now we...

  1. musashi69
    3,290 Posts.
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    14/02/12
    21:48
    Post #: 9693397
    Interesting chart. Had the Death Cross back in March and now we have just had the Golden Cross with a nice retrace to strengthen the signal. This is a long term bullish indicator. Normaly I only cover short term moves. But it's never wise to ignore a signal that can ultimately lead to a very nice momentum trade. Short term as we have already had the retrace I can see 0.55 being a valid target.

    Have a look at the video for the explanation of a Golden Cross.

    Golden Cross



    AGS Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 25  Upvote
    lightbulb Created with Sketch.  Great analysis
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