Just to come in here, I am neither a bull nor a bear.. I enter into long trades and short trades, I use a trading method using the highest probability coupled with fundamentals and abit of technical analysis.. My outrageous calls as some might see it is based on the following facts in respect of AGL - 1. I have documents the fundamental reasons why commodities are terminally ill.. 2. The technical analysis dropped below the 200 day moving average, please have a look at the long term graphs for whenever this happened in the past and you will see why I think we could be heading to test the 50 day moving average. 3. The probability trade - This share is up from 52 bucks to 134 a day or so ago that's double and some, that tells me that the probabilities are now stacked in the downside and the risk reward play is better short. 4. The sentiment was the only reason we had the rally and being oversold but that has since changed, and instead of being oversold we are now very overbought, so this is my analysis and I am sticking with it! :)
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