General Discussion AGY, page-18005

It was never likely. 22c was resistance and since there just isn't enough reason to push through that at this time, the TA pretty much guarantees that we'll retest 19c on Monday if not today before any move higher. That being the case, no one was going to pay 21.5 or 22c (testing resistance) knowing they would be able to buy for 19.5c anyway.

Well, it seemed someone might have been a little more hopeful, there were those two huge bids, but after the 2,000,000 bid at 20.5c was taken out (they may not have been wanting to buy, but if so someone called their bluff) the other at 20c was pulled without being hit.

Definitely nice to see a 2 in front of the share price today anyway. Likely it was partially fueled by hopes of a production update on Monday, which certainly would be welcome. Hopefully 17c was the bottom and any amount of non terrible news next week should be enough to hold 19c, and any good news should break 22c resistance. Seems crazy to be even talking about support and resistance levels anywhere near this low.