Next move on AGL

[#1]

I see that the DOW went through the 10000 mark and is trading at 9972. Would this be a great time in getting short on AGL, as the resistance on AGL is +-290. What are the thoughts here

[DR_1]

I am kickinng myself on this. I wanted to buy in at R230, when it was there and put in my order for R229 and did not buy it. Now it gets to R290....

[#3]

i went short at 292.so far so good...

[#4]

That is a huge loss. 26% in an assence. Now you need to make some up with the pullback...

[jack12]

Also short, IMO 1st stop will be 276

[eddy66]

AGL is synonym for UP UP and AWAY!!! Also aplicable to my money with the emphasis on AWAY.

[jack12]

agree, but like you a while ago I have been caught on the wrong foot. Still believe it will reverse to 270s

[#8]

I tend to agree with you jack. Looks like it is already starting to put a halt on the wild upward ride

[kingsol]

abit a gas is still in agl b4 major pullback...

[kingsol]

abit a gas is still in agl b4 major pullback...

[#11]

resistance seems to be at R309-50, bt doubt it'l touch that, this one has gone too far.. if the DOW closes below 9949 today, it jst spells a pullback on the way

[#12]

Looks like we are set for the pullback after the dow closed under 9900

[jack12]

Yip a good day to make bucks