DavidMcilwraith

AGL - Insert something witty..

Long
ASX:AGL   AGL ENERGY LIMITED
AGL is currently showing sign of a reversal. Sign are as follows;

- Agl at 2008 lows
- Currently ranging between multi year support and resistance
- Clear and concise market cycle structure
- Macd showing reversal signal
-200 Day Moving Average has yet to be retested
- Bullish monthly candle close

RR is excellent. Dividends are great.
Comment: Oh and give me a follow and I'll give you more money.
Comment:
Comment:
Comment: Not the best close on the weekly. The bears are looking for a deeper retracement
- the lower red box labeled -0.272. Next week should be interesting

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