AGY 0.00% 12.0¢ argosy minerals limited

Gasoroil, here is the "zoomed out" picture of our price action....

  1. 746 Posts.
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    Gasoroil, here is the "zoomed out" picture of our price action.

    despite this month having a slightly higher low, we also have a lower high...
    nothing dazzling about this monthly candle yet at all

    upload_2024-2-17_8-58-28.png

    (excuse the writing in there, not worth removing for this post)

    As i called out last month, the monthly MACD was starting to turn from a dark red to a light red which according to my theory marks the period of a long consolidation, and most likely the stop of the bear (but more of a neutral). Therefore 8.6-10c is good buying for now until we see whats next. 8.6c can also break but not overly likely, and if it does - it shouldnt drop too much lower than that.

    In terms of your bullish calls though Gas, i think they're a bit premature and the way you're going about with the whole FOMO (fear of missing out) thing is a bit toxic... especially when you take into consideration the latest monthly candle.

    it's very typical of retail investors to get over-excited.
 
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