Middle Line in blue showing strength as a support for price This has been previously been seen as resistance I have drawn a sharper channel in white that may take shape if bullish action returns Bull idea
At Friday's opening, AGCO rose significantly. By the close of the first two hour bar that morning, 4 of my trading algorithms signaled BUY. Normally such quick movement would trigger a SELL. After studying this event and the algorithms, it looks like squeezing a few more percent out of this rise is possible. The rarest of my triggers is the Precise signal but it...
Looks like a Head and Shoulder pattern forming on AGCO. If neckline is broken, and breakout is confirmed, price target will be 165.