Yamit2000

AGS - swing long play

Long
NYSE:AGS   PLAYAGS INC
124 views
12
AGS - From the services sector
Although has a medium growth over the past year and has commitments, it also has liquid funds which will probably allow it to gradually repay its debts. The company announced that the delay in generating revenue was temporary (and mostly related to its online interactive business) .... But in any case, it is not an investment, at least until it proves its recovery.
Technicaly:
o A clear increase in average trading volume
o Oscillators support the proposed direction - OBV, MACD , and RSI are not indicate over-sales
First Possible Scenario: worth following for an entry over 12 ... into the void.
Second possible scenario: under 10.5 - Short play.
All of the above, of course, at your own discretion, your trading rules and your preferred trading strategies.
This is not a recommendation to buy / sell.
I will appreciate feedback..
goodluck..
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