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Online Share Trading

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How low will AGL go??

Reply
Not applicable
FTSE equity and future is negative. Should have a pullback. Just patience, otherwise this is a [email protected] up
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eddy66
Super Contributor
Personally I think the latter.
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Not applicable
ouch!time to cut losses or any straws of hope that it will turn south again today?
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Not applicable
What is driving it upwards now? Only the ftse opening....
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Not applicable
Ok, the swingtrading okes with high cholesterol should check their heart rates now.
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jack12
Super Contributor
Yip and Rand. see the volumes in the 1st hour 2nd hour 1mil shares. Volumes dropping again
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Not applicable
I am going out for lunch buddies. I need to have a drink. Hopefully after that everything will be looking clearer...:)
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Not applicable
You still in Jack?
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jack12
Super Contributor
Yes, trying to find a loophole
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SimonPB
Valued Contributor
the hole is in your account .. not sure about the loop ..
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Not applicable
I was wondering when Simon was going to come onto this forum. Everything depends on the US GDP figures.
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SimonPB
Valued Contributor
nope .. everything depends on your exit strategy ..
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jack12
Super Contributor
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sponono
Super Contributor
Now I understand why stocks that hit a new high go even higher: SHORT SQUEEZE.
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jack12
Super Contributor
yes with very high volumes and usually on a high volume day there is a price reversal
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Not applicable
Jack are you out? Whats you next calling?
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jack12
Super Contributor
resistance at 292 so if close above 292 I go long then up 307 then 350
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jack12
Super Contributor
see the volumes! according to Darvas a prime candidate for a short until it breaks 29540
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Not applicable
The problem is that if the dow shows good upward movement, it could and should drag AGL with it.
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Not applicable
Take note also that if the volumes goes through 6 mil, which it looks like it could happen today that it probably will move upwards. But still what a hectic day... Movement of more than R20
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