AGO 0.00% 4.5¢ atlas iron limited

rcmanHopefully! On another thread I pointed to the likelihood of...

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    rcman

    Hopefully! On another thread I pointed to the likelihood of a 50% retracement from the high of around 5440, to around 5040. We've done that and a little more. Whether we go a bit lower tomorrow ahead of nexts week's tapering decision remains to be seen. Some stocks have gone through their support and 100 dma's so more downside is possible.

    AGO holding up "remarkably" well. Just a hint of some kind of manipulation going on. Could be shorters in a bit of a loop, taking profit on the fall from $1.23 by buying it up, then selling it down again for another go. If so we will clsoe on the low of the day most likely.

    H
 
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