ADGY Daily Chart ~ Huge Breakout Above the Upper C
Post# of 2561
Posted On: 02/09/2014 10:14:41 PM
ADGY Daily Chart ~ Huge Breakout Above the Upper Channel Line
You've heard about AGDY here since .006. It's truly been a boring stock. But those that continued accumulating have build some decent positions up into the upper channel line at approx .05. We finally saw the beginning of what a few believe will be a huge move to the upside. It's been a long and boring period here, but the .006s and up should be looking very good in your accounts as of Friday's close. Some rumors over on the iscam site revolve around that AGDY is also entering the marijuana industry. If so, this is going to become very interesting in short order. While most of the 'pot' stocks (which I believe are just share selling scams) are trading 100s of millions of shares daily, AGDY has just 9.3 mil in the float and approx 8.5 mil of that is in fairly tight hands. No wonder 1.04 mil shares on Friday drove the stock up almost 95% and 200% for the week. 100s of millions versus just 1.04 million. Oh, this could end up being a monster if the pot rumors are true. I've stated often that AGDY is not a chart play but to use the chart for your entries at the bottom of the channel, near .03. The stock saw just one day below .03 since mid September. I can't offer much in the way of technicals as how can you with a stock that shoots from .03 to .115 in three days and very little trading history above .05. I added .03s this week as well as .04s and .05s. My guess is that the days of .03-.06 are gone forever. Congrats to all of you that have been accumulating since the lows of .006 last year. AGDY should be a good one. GLTA
You've heard about AGDY here since .006. It's truly been a boring stock. But those that continued accumulating have build some decent positions up into the upper channel line at approx .05. We finally saw the beginning of what a few believe will be a huge move to the upside. It's been a long and boring period here, but the .006s and up should be looking very good in your accounts as of Friday's close. Some rumors over on the iscam site revolve around that AGDY is also entering the marijuana industry. If so, this is going to become very interesting in short order. While most of the 'pot' stocks (which I believe are just share selling scams) are trading 100s of millions of shares daily, AGDY has just 9.3 mil in the float and approx 8.5 mil of that is in fairly tight hands. No wonder 1.04 mil shares on Friday drove the stock up almost 95% and 200% for the week. 100s of millions versus just 1.04 million. Oh, this could end up being a monster if the pot rumors are true. I've stated often that AGDY is not a chart play but to use the chart for your entries at the bottom of the channel, near .03. The stock saw just one day below .03 since mid September. I can't offer much in the way of technicals as how can you with a stock that shoots from .03 to .115 in three days and very little trading history above .05. I added .03s this week as well as .04s and .05s. My guess is that the days of .03-.06 are gone forever. Congrats to all of you that have been accumulating since the lows of .006 last year. AGDY should be a good one. GLTA
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