AGL - you'll recall this was a previous sell (see attached). I think it's getting close to a 'reversal buy' with the share trading in oversold territory.
OVERSOLD + Potential Countertrend Bullish Reversal (1) Testing and finding support at lower boundary of channel (2) Emerging from an oversold range (3) Potentially starting to find and build an ultra short term base (with long lower tail) (4) Extended vs monthly pivot (see upper blue horizontal line).
Trading Levels:
Buying: 607.03
Target: 645.00
Stop-loss: 593.00
OVERSOLD + Potential Countertrend Bullish Reversal (1) Testing and finding support at lower boundary of channel (2) Emerging from an oversold range (3) Potentially starting to find and build an ultra short term base (with long lower tail) (4) Extended vs monthly pivot (see upper blue horizontal line).
Trading Levels:
Buying: 607.03
Target: 645.00
Stop-loss: 593.00
