Today we'll analyze the Stock AGG for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 88.55$ (03/19/04) to 84.80$ (05/14/04) a 3.75$ move
2- The current bullish trend started from 84.80$ at 05/14/04 and is currently trading at 102.68$.
3- According to ADX, the trend is currently strong bullish, which is getting stronger.
Short term chart patterns :
None.
Mid term chart patterns :
None.
Long term chart patterns :
None.
Conclusion:
AGG was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: .
Support Levels: 98.46, 95.85, 93.74, 91.63,.
Tuesday, April 1, 2008
iShares Lehman Aggregate Bond (ETF) (AGG) Technical Analysis
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
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