So, interesting day yesterday but what happens next?
We have broken the channel but it is pretty much assured that we will head lower Monday. I traded it intra week but the profits weren't that great. Each time I sell my long term holding for a trade (sell it high and hope to buy back intra day low) I get scared that a takeover announcement is due... particularly when it breaks the channel as it looks like they are nearing the end.
Jako, any thoughts on the chart? Bungi, any thoughts on the shorts? Hotfire, still looking for a strong break North?
I am still looking for a low 2.70's entry point for a second long term parcel.
AGO Price at posting:
$2.91 Sentiment: Buy Disclosure: Held
