AGO 0.00% 4.5¢ atlas iron limited

charts week beginning 26 sept

  1. 3,195 Posts.
    thought i'd start a chart thread for this week hope no-one minds

    have reworked it and redefined the uptrend chanel
    AGO's sitting on such a logical pivot point its not even funny.
    bounced of the 50% fib retrace from recent highs to start of May2010 runup closed just above;
    closed precisely on reaction line;
    closed preciscely on middle tyne of downtrend fork.

    the reaction lines are based on timing of past pivot highs --> past pivot HIGH = action line, corresponding reaction line = likely pivot LOW

    those 3 coming together is a pretty strong case for swing IMO

 
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