negative divergence on ago, page-18

I am still betting on a $1.10 price with All ORDS at 4999.

It is not too bad if this channel ($1.10-$1.20) is tested as this would confirm price stability and accumulation. Also, there has been no massive volume down day for AGO.

But overall, mighty impress with AGO. the market has been savaged. One wrong move like QAN of FRG then you get really punished. The idea is to keep the expansion going at a good price before the biggies..like RIO and BHP or FMG swamp the market.

superox