Stock Technical indicators to notice in ARGAN INC (AGX)
1- Last bearish trend was from 15.06 $ (1/25/2012) to 14.16 $ (1/30/2012) a 0.90 $ move 2- The current bullish trend started from 14.16 $ at 1/30/2012 and is currently trading at 17.00 $.
ARGAN INC (AGX) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 15.060 and 16.080 that was broken up at 15.040 transforming into a supporting line.
ARGAN INC (AGX) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 16.080 and 17.380 that was broken up at 14.990 transforming into a supporting line.
ARGAN INC (AGX) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 16.080 and 17.380 that was broken up at 14.990 transforming into a supporting line.
Stock Trading Conclusion:
ARGAN INC (AGX) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : .
Stock Support levels : 16.33, 15.92, 15.58, 15.24, 14.58, 14.16, 11.99,.
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