I have been following this company for a few months now waiting to see if it can find a bottom to its downtrend. Could this be a double bottom reversal and now forming a Pennant continuation? I just enjoy working on my analysis and am always working to improve.
I'm long AGL too. Their balance sheet looks great and love that they are moving into renewables with OVO energy. I do think price has further to drop unfortunately. Price is now well below the .618 fib level and looks destined for the .786 fib and gives a price around $7.30. At which point I'd happily double down from there.
EarlHoldings
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Definitely a turning point for AGL.
Gaastra1
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@bobtrain7, hi thanks for your comment, yes i put the wrong code in title, ill see if i can change it. Any idea?