AGS 0.00% 17.5¢ alliance resources limited

dollar coming up, page-103

  1. 7,882 Posts.
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    I note all the Fib. points down from the recent move to 98 cents (52 week low 28..now 28.5 are being tested with lower highs and the outcome is the Bulls and the Bears are about to converge again thanks to the recent spike created by the PDN News.

    The News created spike helped the s/t day trader but its not enough to sustain a move upto and above the dollar mark for AGS..imo

    75-79c needs to hold now as a convergence point for a move above 1.03

    Another short term spike should do it.imo, then ideally a retrace back to around todays high.

    But its going to take Positive News from the Company to allow any major push/spike towards and over the Dollar mark from here...imo

    Good Luck all
 
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