AGS 0.00% 17.5¢ alliance resources limited

technicals

  1. 476 Posts.
    Technically AGS is looking the goods - we have a Potential W shaped bottom on the daily and weekly chart.

    Also a cup and handle formation can be seen on the daily chart, as the handle has formed following a retracement to the 61.8% fib level of the recent run.

    Moving averages have made a golden cross a while ago for the first time since the previous uptrend ended around july last year....The 20 period and 50 period MAs are now trending upwards.

    All looks good for a strong day tomorrow provided the U.S behaves tonite.

    Late buying today has lead to a bullish key reversal engulfing candle which should translate into further increases tomorrow..Good luck to holders.
 
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Currently unlisted public company.

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