ASX: AGL Fibonacci retracements

Updated


AGL AGL Energy is have been underperforming for long time , now for one year return is just 3.16%

Look the chart and notice

- double bottom formation on weekly chart
- higher high higher low formation
- no supply
- stock also above the key level of fib levels



disc: invested and tracking

Trade closed: target reached
34% up from date I shared here ....just amazing move ..
I believe in taking profit home and not sit on my trade for long term investing. I will use another opportunity if this stock setup nicely and there is follow up buying emerge


no recommendation to buy or sell, sharing ,
Trade active
Will likely to ake first trance next week

disc: no investment now, however, may have vested interest to add first trance next week . No buy or sell recommendation
Note
going as per plan so far

disc: miss entry , will wait for train to come to station

AGLasx200asx200longasxlongBeyond Technical AnalysisChart PatternsFundamental Analysispeacefulweekendinvestingshivendrabhatiastockstradingstocktobuystocktowatch

Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
Also on:

Disclaimer