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
AGO Price at posting:
$3.04 Sentiment: Buy Disclosure: Not Held