Sunday, 28 December 2014

A HAPPY NEW YEAR WITH AGI

I decided not to post graph on this blog because I have a lot of newbie visitors on this blog. I was asked many times what stock to buy for 2015. I'm looking at the graph of AGI and I believed that there is a sign of reversal with this stock after hitting the bottom a week ago, same story with the RWM under it's portfolio.

Technical graph showing a good reversal sign after the continuous downtrend in the past weeks:

AGI completed 5 waves of up and down, the pattern of lowest low is already hit as we have seen in the graph above, the stock price is also below the 3 SMA lines. A good entry point of this stock is 22.25 below and a rebounce at 25 price above is possible very soon. This stock is included in our PAM table.

Recommendation: BUY

Sincerely yours,

NEWBIE Mentor

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