Harami Cross on AGI, time to get some shares?

Looking for a good entry to catch some AGI shares few weeks ago but haven’t gotten any. Would this be a good time to but now that the price is around 10% discounted? We are seeing a Bullish Harami Cross pattern on our daily chart.

The Harami Cross that we are seeing right now indicates that we have the calm after the sell off. This shows that the traders are now hesitant to sell their position and is indecisive as to where they want the price to go. The increasing level of indecision and uncertainty amplifies the likelihood of a trend change and cause a reversal.

Support is at 23.6% Fibonacci Retracement level with backup support of 100-day SMA and psychological support at 24.00

Caveat!

One Response to Harami Cross on AGI, time to get some shares?

  1. […] gotten any. Would this be a good time to buy now that the price is around 10% discounted? Caveat! Harami Cross on AGI, time to get some shares? Reply With […]

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