AGDY Daily Chart ~ It Might Finally Be Ready AGD
Post# of 2561
Posted On: 01/01/2014 8:52:01 PM
AGDY Daily Chart ~ It Might Finally Be Ready
AGDY is not a chart play for me, but I have been using the chart for entry points. I've been accumulating this one since .006. Not quite long term yet, but getting close. And once the company begins executing, I see no reason for selling any large amount of stock. This one is bound for .25+ over time. All my opinion, but that's what I'm hoping for as the new management begins talking. Approx 9.3 mil shares in the float and with the way the stock trades mainly under 40,000 per day, this one is being held tightly by a very small group of individuals. I'm hoping we'll soon see what's behind the curtain.
One can see the support level near the high .02s/.03. I don't have it drawn in, but it can be visualized. The resistance is near .05/.055. If all goes well with some of the rumors out there, that .06 level should be seen this month. If you are looking at acquiring a sizable position, I wish you the best. Every time I see some stock in the .03 to .035 levels, I've scooped them up quickly, and then it's only 10k - 40k shares. Size just doesn't come up often.
AGDY is not a chart play for me, but I have been using the chart for entry points. I've been accumulating this one since .006. Not quite long term yet, but getting close. And once the company begins executing, I see no reason for selling any large amount of stock. This one is bound for .25+ over time. All my opinion, but that's what I'm hoping for as the new management begins talking. Approx 9.3 mil shares in the float and with the way the stock trades mainly under 40,000 per day, this one is being held tightly by a very small group of individuals. I'm hoping we'll soon see what's behind the curtain.
One can see the support level near the high .02s/.03. I don't have it drawn in, but it can be visualized. The resistance is near .05/.055. If all goes well with some of the rumors out there, that .06 level should be seen this month. If you are looking at acquiring a sizable position, I wish you the best. Every time I see some stock in the .03 to .035 levels, I've scooped them up quickly, and then it's only 10k - 40k shares. Size just doesn't come up often.
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