And you know? What are technical are saying about tomorrow?
AGO is tracking IO price, which is speculative and driven by short sentiment re Trump and China stimulus.
AGO is low spec play, tracking FMG performance, just multiply all FMG movement by roughly 5.
Here is FMG technicals. All indicators are pointing to more losses for several days more, maybe a week, unless something unexpected happens with IO prices.
1) true strength rolled over and started downslide.
2) MACD has downslope and it means sellers are getting more powerful.
3) relative strength indicator is coming down from oversold position.
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And you know? What are technical are saying about tomorrow? AGO...
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