AGI on a breakout
Alliance Global Group, Inc.
AGI finally filled the gap at 13.90~13.96 after the recent breakout from its major resistance area around 13.90~14.00. The measured price target of this breakout is at 15.30~15.60 range.
*Immediate resistance area is around 14.80~15.00.
Please see previous AGI analysis if you entered a position trade when it was consolidating in a Range-Bound price action. That position should be up around 11% ~ 14% by now:
https://psetrends.blogspot.com/2017/03/agi-on-range-bound-price-action.html
AGI finally filled the gap at 13.90~13.96 after the recent breakout from its major resistance area around 13.90~14.00. The measured price target of this breakout is at 15.30~15.60 range.
*Immediate resistance area is around 14.80~15.00.
Please see previous AGI analysis if you entered a position trade when it was consolidating in a Range-Bound price action. That position should be up around 11% ~ 14% by now:
https://psetrends.blogspot.com/2017/03/agi-on-range-bound-price-action.html
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