AGI breakout update
Alliance Global Group, Inc.
After filling the gap around 14.76~14.98, it resumes the breakout from a Bullish Flag pattern with measured price target around 16.60~17.20.
It also recently hit the lower base of the price target from Triple Bottom breakout around 15.30~15.60 range.
See previous analysis for more details on the above mentioned breakouts:
https://psetrends.blogspot.com/2017/05/agi-on-another-breakout.html
Trading Plan
- See previous analysis for appropriate trading plan.
- If trading the Triple Bottom breakout, take some profit or scale down position and profit run the rest of the position with trailing-stop.
After filling the gap around 14.76~14.98, it resumes the breakout from a Bullish Flag pattern with measured price target around 16.60~17.20.
It also recently hit the lower base of the price target from Triple Bottom breakout around 15.30~15.60 range.
See previous analysis for more details on the above mentioned breakouts:
https://psetrends.blogspot.com/2017/05/agi-on-another-breakout.html
Trading Plan
- See previous analysis for appropriate trading plan.
- If trading the Triple Bottom breakout, take some profit or scale down position and profit run the rest of the position with trailing-stop.
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