AGO 0.00% 4.5¢ atlas iron limited

Down almost $2 from July 2011 high, that's an erosion of almost...

  1. 3,555 Posts.
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    Down almost $2 from July 2011 high, that's an erosion of almost $1.8 billion in market cap.

    Once a market darling, fast becoming a market joke.

    I have support at ~$2.36 (50% retrace GFC low to July 11 high), if it breaks that level then as crazy as it sounds, I see next support line below $2 at around $1.90 (61.8% retrace). Won't be sticking around for that!

    Let's hope it finds support off the 50% retrace.
 
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