AGL ENERGY LIMITED

AGL ASX

erdalkaras87

This is not financial recommendation. Just a technical analysis an a tutorial.

AsimMirzaTrader

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...

Forex_Algorithmic_Trader

Hi all, I like this candlestick pattern. Something to keep an eye on. Wait for consolidation. It might become a good opportunity. Enjoy!

Jezza323

Watch out for this one

TRADER-WANNA-BE

ENTRY: 8.59 SL: 9.23 TP: 7.86 - ADX>20 - RSI<50, RSI>30 - Daily RS -ve - Daily FFI -ve - Daily MACD -ve - Weekly RS -ve - Weekly FFI -ve - Weekly MACD -ve - Breakout from range with good volume on 13 Apr 2021

TheTradingBay

Entry: 8.51 Stop loss: 8.69 Shorted the counter after it broke out of its previous low with volume and backed by the orderly SMAs.

RB1988

One of my largest holdings. I think the upside potential on this is huge long term. Bullish divergence on a weekly TF. Bottom is close to being in for this. Energy sector has been beaten down despite the COVID recovery of most other sectors. Dividend is decent too. Company beginning to invest heavily into renewables and looks well poised to move into the future....

TRADER-WANNA-BE

ENTRY: 9.25 SL: 9.75 TP1: 8.68 TP2: 7.86 - ADX>25 - RSI<35 - RS and FFI -ve - MACD -ve - Breakdown with good volume on 16 Apr 2021

Gusset_

Posting for interest. dealing with a tight, ugly MACD for a short time, 1D confirmation 16th April. I'll be back to see what happens

TheTradingBay

Entry: 9.19 Stop loss: 9.44 Shorted the counter after it broke out of its multi year low accompanied by above average volume.

Younesstrade

wait for a breakout from the trend line once a good bottom is established

Gaastra1

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.

arjunrajeswaran

AGL SUPPORT AROUND 9 - 9.66 if it breaks it will feather down expected

asxtrax1

looks like the volume of the downward trend still hasn't played out. looks like consensus price is around $11.00 waiting to see the Dividend price which may have a significant affect on future price.

TakeASideStep

Hit rock bottom , in a falling wedge, found support, Inverted Hammer on the daily yesterday indicating a reversal. Oversold territory.

DavidMcilwraith

G'day Ladies and Gentlemen, AGL - Has confirmed a further target breaking with the breaking of the lows. If the bears can hit their targets I would expect a bottom to form somewhere in the buy zone. If that is the case the targets have been listed on the chart. Remember AGL is in a bear market. Which means the trend can continue for as long as the market...

AsimMirzaTrader

Bullish trend confirmation indications: 1. Descending Wedge Pattern Broken. 2. Impulsive price action at the break of the wedge. 3. Price Broke the Squeezed Wedge with High Volume. 4. Price has retraced to the broken resistance zone, which is now Support. 5. Price Action shows Bulls are in control. 5. Good Buying Opportunity and very good reward...

DavidMcilwraith

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.