AGO 0.00% 4.5¢ atlas iron limited

Hotfire,Is the technical penant formation(charts) still in play?...

  1. 4,570 Posts.
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    Hotfire,

    Is the technical penant formation(charts) still in play? I know you mentioned a "busted chart".

    If no - then what are the new limits.

    I still think there is strong support at 3.31 and resistance at 3.78. Therefore we need to gather lots of steam (volume) and break above the 378 ceiling in order to go for a gallop.

    The catalyst may well be the up and coming reporting season. Just need something positive from the company to light the wick.
 
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