AGIX magics
Seems to me like a classic bull flag. Holding support above 25 sma on the daily. Testing upper trend line of the channel. If it breaks the channel I can see it moving up to the .618 fib at around 53c and then maybe calming down to retest the upper trend line of the channel. If it holds and bounces I can see it going to ATH. And then to 1.618 fib extension at about $1.
Downside. If it fails to break upper trend line of channel then maybe we are revisiting the 30c area at lower trend line, which would be confluent with the 0.786 fib retracement from ATH.
Downside. If it fails to break upper trend line of channel then maybe we are revisiting the 30c area at lower trend line, which would be confluent with the 0.786 fib retracement from ATH.
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