So currently the chart doesn't look amazing; however, just broke the downward trend! Catalyst today shows this company can acquire future business opportunities. Lets watch as the new trend develops.
Purchased 40.50 and will continue to average in, will update.
This looks like a great trade to the 100MA on the monthly chart. This is the only support - Nothing on the daily or weekly for support, look out below!!
After a long run started in June of almost 100%, AGX has quietly consolidated over the past month and a half around the 10wk line. There are more than a few things I like about this setup so here we go:
According to Investors.com AGX is in the #1 rated stock in its industry group and the group rank is 27 out of 197
While AGX has consolidated, its RS line has...
Argan, Inc. operates as a holding company, which engages in the provision of consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy. It operates through the following business segments: Power Services, Telecom Services, Industrial Services, and Others. The company was founded in May 1961 and is headquartered in Rockville, MD.
NYSE
