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AsimMirzaTrader

AGL - Trade Plan

Long
AGL ENERGY LIMITED. (ASX:AGL)  
AsimMirzaTrader  
ASX:AGL   AGL ENERGY LIMITED.
Trend Analysis Chart Patterns Wave Analysis ASX asx200 asxlong asx200long AGL Trend Line Break macdbullishdivergence
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trendanalysis chartpattern waveanalysis asx asx200 asxlong asx200long agl trendlinebreak macdbullishdivergence
AGL looks like it has broken out of its long term downtrend and is expected to head higher. The break of the Bearish trendline coupled with High Volume and huge MACD Bullish Divergence confirms that it is expected to move higher. I am bullish AGL with a target of $10.70 and it may even go much higher towards the strong Resistance level of $12.00.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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