2waytrading
Short

Bear Bear Flag

NYSE:AGCO   AGCO CORP
72 0 0
Last time, the bearish triangle we noted has indeed achieved its measured target price, but will the bear flag achieve its measured target price?..time will tell. Technical patterns are not always perfect to portend in the future but they often provide a fairly accurate guidance. This bear flag if confirmed will take this stock down to $46 area. If you decide to take a short position once it breaks down, make your stop at recent swing high or the high of the flag. The site is open for a new clients with limited space http://www.2waytrade.com
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