AGEN Daily Chart ~ Holding the MA100 While Trying
Post# of 2559
Posted On: 02/09/2014 2:48:28 PM
AGEN Daily Chart ~ Holding the MA100 While Trying to Find a Bottom
The two points of caution proved to be another great exit for those of you who have been swinging AGEN. The move outside the upper bollie to 3.54 and the break of the rising support line in the 3.20s was used by a few of you to take profits. Since then, the stock has fallen to as low as 2.65 and is now trying to put in a bottom with the MA100 offering current support and recapturing the MA50 The FullSto is in oversold territory and the first two MACDs are leveling out and beginning to curl, while the 12d MACD has more work to do. I know a couple of you that jumped back in from the high 2.70s/low 2.80s. Nice entries while I'm still watching. GLTA
The two points of caution proved to be another great exit for those of you who have been swinging AGEN. The move outside the upper bollie to 3.54 and the break of the rising support line in the 3.20s was used by a few of you to take profits. Since then, the stock has fallen to as low as 2.65 and is now trying to put in a bottom with the MA100 offering current support and recapturing the MA50 The FullSto is in oversold territory and the first two MACDs are leveling out and beginning to curl, while the 12d MACD has more work to do. I know a couple of you that jumped back in from the high 2.70s/low 2.80s. Nice entries while I'm still watching. GLTA
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