Tuesday, September 22, 2015

Cost averaging into something golden [AGI]

In the backlink I gave a high level chart that suggested it was a great time to buy something golden.  I still think that and I will continue to think it even if we get a big dip from here.  In fact, I never buy anything unless there is a dip and right now AGI is at least threatening to dip pretty hard.  It has not yet broken the lower rail which is the 2nd confirmation of a HT breakdown so the fat lady has not sung on this one yet but should it gap lower as shown then hang tight and be patient because within a week we will likely see a vee bottom that forms a inclining double bottom before moving to higher highs. If it plummets all the way to $2.50 to finish out its 5th wave (Avi's model), it becomes a double uber top secret screaming flaming buy.

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