AGI chart as of 06 JAN 2017
(click on the chart to enlarge)
remarks:
1. AGI closed higher to 13.40 ...
2. resistance: 13.54 ... 13.90
3. the macd histogram is above the 0 - horizontal; it is higher ...
4. in the last post i had for AGI (if i were the short term trend follower*: AGI/ALLIANCE GLOBAL GROUP, INC. (25 DEC 2016)), i said to
wait first ... the macd histogram is still above the 0 - horizontal ... ideally id consider buying if the macd histogram is BELOW the 0 - horizontal ...
however, on the next trading day, AGI reversed and continued on to this day ... yun na pala yun bottom ni AGI ... if i still dont have AGI by now ... id stay away na lang muna ... mataas na yung macd histogram ... id always buy when the macd hisrtogram is below the 0 - horizontal ... of course AGI may still go higher, and other short term trend followers may still buy at this point (buy high ... sell higher), but for me, id wait na lang ...
* these notes are good only for the next trading day ... and NOT for the subsequent trading days ...
* these notes are mine alone ... and are for sharing with short-term trend followers
* i dont have AGI at the moment
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