*Investment opportunity - low risk*
The summary below is the result of hours of study - I go to sleep and dream of charts, and not by choice! If you find this idea of value please like and share.
On the above monthly chart price action has been in a downtrend for 20 years to the day. A number of technical indicators and three oversold conditions (orange columns) now makes Agenus (AGEN) an exciting stock to add to your portfolio. Lets go through them:
1) I’m quite certain no one is looking at this. The Blue resistance trend line has continued to act as resistance for 20 years. The 2-month chart below provides a clearer picture. At the end of 2020 price action closed a 2-month candle above that resistance. This is extraordinarily bullish. Make no mistake how powerful an indication this is.
2) On the monthly chart price action closed a monthly candle on the 200-week simple moving average (red line). It has been six years since that happened.
3) Volume. Leading up to the resistance breakout volume was increasing and continues to do so.
4) Stochastic RSI on the monthly is crossing up (circled in orange) whilst making a higher low.
All together the chart is telling me serious upside is in the post. A buy from $3.30 is excellent.
1st target is $14
2-month chart
The summary below is the result of hours of study - I go to sleep and dream of charts, and not by choice! If you find this idea of value please like and share.
On the above monthly chart price action has been in a downtrend for 20 years to the day. A number of technical indicators and three oversold conditions (orange columns) now makes Agenus (AGEN) an exciting stock to add to your portfolio. Lets go through them:
1) I’m quite certain no one is looking at this. The Blue resistance trend line has continued to act as resistance for 20 years. The 2-month chart below provides a clearer picture. At the end of 2020 price action closed a 2-month candle above that resistance. This is extraordinarily bullish. Make no mistake how powerful an indication this is.
2) On the monthly chart price action closed a monthly candle on the 200-week simple moving average (red line). It has been six years since that happened.
3) Volume. Leading up to the resistance breakout volume was increasing and continues to do so.
4) Stochastic RSI on the monthly is crossing up (circled in orange) whilst making a higher low.
All together the chart is telling me serious upside is in the post. A buy from $3.30 is excellent.
1st target is $14
2-month chart
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR