AG is showing a large cup formation on the daily chart, shifting from a bearish to bullish structure. Price is now approaching the $9.80 resistance zone, which is the key neckline level of the pattern.
A breakout above this area could confirm a major reversal, with a long-term target near $15 (+78%).
📈 Entry: On breakout and close above $9.80
🎯 Target: $15
🔻 Invalidation: Below $7.50 (recent swing low)
This setup suggests a potential bullish trend shift if the neckline is cleared decisively.
Not financial advice. No responsibility for any actions taken.
A breakout above this area could confirm a major reversal, with a long-term target near $15 (+78%).
📈 Entry: On breakout and close above $9.80
🎯 Target: $15
🔻 Invalidation: Below $7.50 (recent swing low)
This setup suggests a potential bullish trend shift if the neckline is cleared decisively.
Not financial advice. No responsibility for any actions taken.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.