Hello Travelers! AGI as you can see is taking a peaceful stroll through the meadows, headed to visit the King of the Mountain. He's got a long road ahead of him! I've posted some challenging elevation gains that he may run into difficulties along the way. He's got his trusty MACD and Stoch with him to help guide him in the initial part of his adventure. The Stoch in his backpack has already told him that he's about to head up. The MACD is flattening out and is starting to turn positive. This is a good sign that he's ready to make the trek!
Once we hit Target 3 expect to catch a little retrace. This retrace can be invalidated if volume picks up enough to break through the resistance of the 100 EMA line shown on the 4 hour chart. Once we get up above the 100 EMA the fun will really begin :)
Pack your bags and enjoy the journey! May your stacks see blue skies and brighter days! -CK
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**This is not to be used as financial advice but rather for educational and analysis purposes**
Note
T1 - Hit T2 - Hit
Note
I wish...
AGI looks strong now that it's corrected a bit. Back up close to our entry. Keep an eye. Hopefully we'll hit these targets and then some too!
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