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The_Patterns_Guy

$AGI testing $6.00 support #Sell #Short #stocks #takeprofits

Short
Alamos Gold Inc. (NYSE:AGI)  
The_Patterns_Guy  
NYSE:AGI   Alamos Gold Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
AGI looks like it is on a path to $0 before $100. Weekly chart shows a declining triangle as part of an overall downtrend. This suggest the stock will breakout lower. the stock continues to test the $6.00 support. I would say if it breaks below $5.80ish it will not return to $6.00 for a long time .... if ever. Time to let this one go if you own it.
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