LONG-TERM OUTLOOK Testing long-term support: Although AGL has breached its long-term support trendline, it is currently maintaining support at 13,000cps. Its mega-oversold RSI could prompt a reversal, but only upside above 21,650cps would encourage a recovery. Trading through 29,200cps could accelerate upside to either the 43,080cps level or the secondary resistance trendline. We advise buying AGL above 29,200cps. Alternative scenario: Breaching the 13,000cps key mark could intensify downside to the 3,945cps all-time low. Intermediate support would be at 8,340cps. Go short at a close below 13,000cps. Support - 13,000cps (followed by the 3,945cps level) Resistance - 29,200cps (followed by the 43,080cps level)