AGI 4.55% 92.0¢ ainsworth game technology limited

News: AGI Ainsworth Game Technology expects H12017 pre-tax profit to be approximately $15 mln, page-18

  1. 884 Posts.
    lightbulb Created with Sketch. 49


    Chart wise,

    It look like it fulfilled all criteria of a shorting stock.

    Break the recent low of 1.82. Most importantly, it has been downtrend since Nov 2013 at the high of $4.60 till today of $1.80


    Unless we break the  red downtrend line(2013 till now), there are no joy ahead. More shorter will come in......

    Not looking good at this stage.

    Cheers
 
watchlist Created with Sketch. Add AGI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.