Short

Possible reversal on AGL

Updated

looking good for a possible short trade.
A shooting star pattern formed on Friday last week. Today's movement has been upward so far, but heading towards a resistance zone.

Stochastic in over bought territory - if it crosses down, this will be confirmation.

Note

Entered short because of yesterday's price action. Slightly up today, but still looking positive for a good short

Trade closed: target reached

Target reached on 23 Nov

RossLarter

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