In this week's main report, we split AGL into a 'day plan' (Monday 12/07) and a 'swing plan'. This post relates to the day plan, which was outlined as follows:
"It’s possible that the price retraces to the mid-point of the prior day candle, which is in line with the 8-day EMA. Look for support here (57800c/58100c) to buy up to the 59100/59300c area."
Today's low was seen at 57788c, while during the last hour of trade, the share is printing 59398c (exceeding intraday target).
As a 'day play', this would have been a decent cash flow generator around a core long or short position.
I also highlighted Northam Platinum, with both a swing and day plan, however the 'day' level did not trigger.
Get in touch today to get the inside scoop around what's 'in play'.
"It’s possible that the price retraces to the mid-point of the prior day candle, which is in line with the 8-day EMA. Look for support here (57800c/58100c) to buy up to the 59100/59300c area."
Today's low was seen at 57788c, while during the last hour of trade, the share is printing 59398c (exceeding intraday target).
As a 'day play', this would have been a decent cash flow generator around a core long or short position.
I also highlighted Northam Platinum, with both a swing and day plan, however the 'day' level did not trigger.
Get in touch today to get the inside scoop around what's 'in play'.