1.4 cents is support and 1.5 cents is resistance. The triangle formation gets ever tighter!!! vwap yesterday and today still 100% 1.4 cents despite the tiny down ticks to 1.3 done on nothing. If size trades 1.3 we're in serious trouble, if size trades 1.6 cents the recovery has begun in my humble opinion.
Iron Ore -4% to -6% this week and AGO has held in there on relatively small volume. Which is to my thesis that the fundamentals aren't great, but valuation is so depressed that's it a buy.
AGO Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
