AGL Support Level

[Rovert]

Where do you think the support levels for AGL lie ?

[#2]

If you accept that it currently getting close to the apex of an asending wedge (bearish signal) then the basal support is ~21500. If it breaks below this then its likely to go down to at least 19500.OMO

[Electrox]

If you accept it is a acending triangle, then a break up above close above R250 looks like a good long entry, alternatively support lies on its acending support line roughly at about R217.00. could also be a good point to enter.

[#4]

Could also be a rounding bottom. And they usually indicate a trend reversal.

[#5]

...that should be ascending...

[#6]

I see a wedge (sloping resistance)...not a triangle (flat resistance)

[Electrox]

Thats what makes this market. different perceptions of the same chart patterns.. time will tell

[Plonky]

I like rounded bottoms (smile).

[Starsky]

Like the President elect says"it will only get better after it gets worse"

[Rovert]

Well....no one could have foreseen the SENS later ....whats the next support ?