AGI breaking the Kumo

A bearish signal has been spotted today on AGI as price break the Kumo from above. Chikou Span also agrees with this sentiment as this line is now moving below the price 26 periods ago. Tenkan Sen and Kijun Sen lines at this point remains tied up together. No signal from these to lines yet. If Tenkan Sen will move below the Kijun Sen tomorrow then I think it would be better to lighten in case your average is quite high.

Caveat!

The following two tabs change content below.

felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

Leave a Reply

}