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AGY

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4.2¢ argosy minerals limited

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billyen

6,892 Posts.

2861

05/04/17

15:47

Post #: 23879043
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Originally posted by kroehny17 ↑

Thanks,

I've seen no shortage of parabolic rises, huge moves that always end the same way - a massive retracement that traps a bunch of holders who bought near the high or on the way up. In turn that then makes it hard for the stock to move up in the future as there's so much sell pressure from above levels as these holders exit at break even or soft losses killing momentum. I'll take what I've seen from AGY so far, nice orderly moves up, modest retrace before the next push as this way we're less likely encounter some huge sell off. For sure parabolic moves are exciting but they rarely go far enough before reality sets back in and the damage is done.

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Sorry the the SP isn't coming down.
Oh well!

AGY Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 4.2¢		Change 0.002(5.00%)		Mkt cap ! $61.14M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$17.38K	420.6K

Buyers (Bids)

No.	Vol.	Price($)
5	450601	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	146892	2

View Market Depth

No.	Vol.	Price($)
4	425501	0.041
14	1161855	0.040
11	3139102	0.039
13	681280	0.038
11	1066018	0.037

Price($)	Vol.	No.
0.042	146892	2
0.043	120000	1
0.044	382711	3
0.045	123242	3
0.047	98988	2

Last trade - 16.10pm 06/09/2024 (20 minute delay)

AGY (ASX) Chart

Charting, page-2336

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Charting, page-2336

Top Stories

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