AGOE Daily Chart ~ The Gradual Climb Continues L
Post# of 2559
Posted On: 03/31/2014 1:04:49 AM
AGOE Daily Chart ~ The Gradual Climb Continues
Link back to March 23 for a quick explanation of Thursday candle. Other than that, the AGOE daily chart is in great shape. This week's release of the 10K, showing the numbers for the newly acquired Quest Solutions, was extremely important for the credibility of this company as it has become 100% legitimized now. The stock is now within striking distance of its recent high of .71 established immediately after news of the Quest acquisition. Valuations of a few larger shareholders are pointing towards a minimum of $3.00 per share in 2014. Will AGOE get there? Who knows. But the chart and indicators are in good shape, especially the MACDs which are showing strong divergence to the upside. The first horizontal resistance point was reached with Thursday's close, and the stock reacted positively on Friday with an additional 6.48% move higher. The next point of resistance is the .71 high. A break over that level with any increased volume, and AGOE could see a rapid move to the $1.00 level. The 1.00+ doesn't seem that crazy now as it did when we began accumulating at .07/.08 with thoughts of a potential move to a dollar back then. I might add, there are rumors of additional acquisitions which could increase the valuations even more. I'm liking AGOE for a gradual move much higher. GLTA
Link back to March 23 for a quick explanation of Thursday candle. Other than that, the AGOE daily chart is in great shape. This week's release of the 10K, showing the numbers for the newly acquired Quest Solutions, was extremely important for the credibility of this company as it has become 100% legitimized now. The stock is now within striking distance of its recent high of .71 established immediately after news of the Quest acquisition. Valuations of a few larger shareholders are pointing towards a minimum of $3.00 per share in 2014. Will AGOE get there? Who knows. But the chart and indicators are in good shape, especially the MACDs which are showing strong divergence to the upside. The first horizontal resistance point was reached with Thursday's close, and the stock reacted positively on Friday with an additional 6.48% move higher. The next point of resistance is the .71 high. A break over that level with any increased volume, and AGOE could see a rapid move to the $1.00 level. The 1.00+ doesn't seem that crazy now as it did when we began accumulating at .07/.08 with thoughts of a potential move to a dollar back then. I might add, there are rumors of additional acquisitions which could increase the valuations even more. I'm liking AGOE for a gradual move much higher. GLTA
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