Thursday, August 15, 2013

just charts: AGI/Alliance Global Group, Inc. (15 aug 2013)


agi chart as of 15 aug 2013 
(click on the chart to enlarge)

remarks: 

1. agi closed higher@28.15 ...  tho failing in its attempt to better the 28.40 resistance at the last hours of trading ...

2. the macd is up ... the buy signal was given yesterday ... altho the sts just crossed the 80 oberbot borderline ...

3. options: 

- fade the trade 
- just adjust stops and/or just hold


for an explanation of the indicators ... click: here 
for reference .. you may also want to read: my trading rules


p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose