The key factor here from a technical trading angle is the volume drying up. One would suggest there is a lot of off-screen selling waiting to hit any buying. The stock is finding it hard to get out of second gear and the morning rallies have disappeared for the time being.
The medium/long term fundamentals of AGM look superb but the short term signals are very bearish from a trading point of view.
im bored with agm, page-12
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