AGM 0.00% $1.60 australian governance & ethical index fund

breakout and new support......maybe

  1. bbm
    2,264 Posts.
    After trading sideways between 12 and 13 cents for over a month, AGM has finally broken through the 13 cent resistance. Three days on and it has confirmed the breakout and reached its initial breakthrough target of 14 cents, which should form it's new support from here. This all done on an increase in volume which points toward further gains. Moving averages also look nice aswell.

    Technically it looks good and with the weather drying up, fundamentally it looks ok too.

    Let's hope further upgrades are announced throughout the summer.
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