Friday, November 18, 2016 3:47:50 PM
The 'closeup' of AG chart
not much clearer,sorry bout that. but a little better to see.
Seeing the extremes on this chart ,the extreme 2011 top in the mid 20's and the extreme low's at 2.40. wanting to 'erase' both and see the chart as being a rally to the topping zone around 16.46 area.I call that the top. From the 2008 crash low around 68 cents to that 16.46 top crafts a "retrace/pullback" to the 5.45/6.00/6.50/ area on the Fib chart.and now,after the 2016 rally to 19.15 it has pulled back to the 7.65 target zone so far.
This chart suggests that the real bottom zone is around 5.40-6.50 area and the 'real' top is the 16.50 area. and maybe 19 area.
so its a finished rally wave since the 2008 crash....to the 19 dollar top this year.
as mentioned in the other charts, the Fibonacci math also showed target topping at the 18.80 area and that 'validates' the 2016 top at 19.15. or at least puts it into perspective. So now, IF I see the bottom zone as 5.40-6.60 area,then I can see the pivot low at 6 dollars begin the rally in 2016 to target the 19 topping zone. and the rest of the current chart can be measured.
IF this can be the 'real' energetic chart picture , then we have the shoulder resistance zone overhead starting around 10 dollars and stretching to the 14 area. I favor the resistance capping zone around 12.50-13 as a danger zone, and the current first resistance steps around 10 dollars as something to watch these days. Somewhere in this resistance shoulder zone "should" come the next capping and reversal into a downwave to retest the same 7.60 low, and also in play is the bottom target zone from 7.50-5.50 and all points in between. Next I would look to see what the pivot points on the charts look like. and see what looks like a magnet target zone.
Now, looking at this whole chart, and seeing how LOW the 2.40 bottom is compared to the energetic bottom at 5.50/6.50 (6 dollar) area is a dramatic difference ,just as is the overblown top at 26 dollars ,when the energetic topping zone is 16/18/19 area.
I expect AG to zig zag for maybe the next year, unless the stock market comes crashing down in 2017...I would expect to see a zig zag battle play out between 6 dollars and 14 dollars, centered around 10 dollars. maybe a range between 6 and 12, with 7.50 area getting bought and 12.50 getting sold.
But having seen this 2.40 bottom, up until I looked at this chart and reoriented my mind, I would never want to buy AG as high as 7 dollars or even 6 dollars . I'd be waiting to see it come back down to 4 dollars before I even think of it.
But now, with this new lens, I might watch to see IF it falls back to the 6.50 area, and would it be o to start buying. I do not know. I think maybe this Fibonacci chart is just showing the energetic mean balance point, and it looks like a bottom zone around 6 and a top zone around 16.and in the middle is 11 dollars. you can cut 11 in half and you get the 5.50 balance line. Its all fun with math.
But where to start buying AG. is a good question.
IF the Cartel powers were able to smash it down below 3 dollars....couldn't they do it again?? I do not know. I suspect they could. but I don't know if they will at this time. I do know that another global stock market crash could easily take AG down to 2 dollars and the game begins all over again.
What a sensational jack pot of profit it was for those who bought AG at the January bottom and sold it at 19 dollars.
All this is going to take more study.
not much clearer,sorry bout that. but a little better to see.
Seeing the extremes on this chart ,the extreme 2011 top in the mid 20's and the extreme low's at 2.40. wanting to 'erase' both and see the chart as being a rally to the topping zone around 16.46 area.I call that the top. From the 2008 crash low around 68 cents to that 16.46 top crafts a "retrace/pullback" to the 5.45/6.00/6.50/ area on the Fib chart.and now,after the 2016 rally to 19.15 it has pulled back to the 7.65 target zone so far.
This chart suggests that the real bottom zone is around 5.40-6.50 area and the 'real' top is the 16.50 area. and maybe 19 area.
so its a finished rally wave since the 2008 crash....to the 19 dollar top this year.
as mentioned in the other charts, the Fibonacci math also showed target topping at the 18.80 area and that 'validates' the 2016 top at 19.15. or at least puts it into perspective. So now, IF I see the bottom zone as 5.40-6.60 area,then I can see the pivot low at 6 dollars begin the rally in 2016 to target the 19 topping zone. and the rest of the current chart can be measured.
IF this can be the 'real' energetic chart picture , then we have the shoulder resistance zone overhead starting around 10 dollars and stretching to the 14 area. I favor the resistance capping zone around 12.50-13 as a danger zone, and the current first resistance steps around 10 dollars as something to watch these days. Somewhere in this resistance shoulder zone "should" come the next capping and reversal into a downwave to retest the same 7.60 low, and also in play is the bottom target zone from 7.50-5.50 and all points in between. Next I would look to see what the pivot points on the charts look like. and see what looks like a magnet target zone.
Now, looking at this whole chart, and seeing how LOW the 2.40 bottom is compared to the energetic bottom at 5.50/6.50 (6 dollar) area is a dramatic difference ,just as is the overblown top at 26 dollars ,when the energetic topping zone is 16/18/19 area.
I expect AG to zig zag for maybe the next year, unless the stock market comes crashing down in 2017...I would expect to see a zig zag battle play out between 6 dollars and 14 dollars, centered around 10 dollars. maybe a range between 6 and 12, with 7.50 area getting bought and 12.50 getting sold.
But having seen this 2.40 bottom, up until I looked at this chart and reoriented my mind, I would never want to buy AG as high as 7 dollars or even 6 dollars . I'd be waiting to see it come back down to 4 dollars before I even think of it.
But now, with this new lens, I might watch to see IF it falls back to the 6.50 area, and would it be o to start buying. I do not know. I think maybe this Fibonacci chart is just showing the energetic mean balance point, and it looks like a bottom zone around 6 and a top zone around 16.and in the middle is 11 dollars. you can cut 11 in half and you get the 5.50 balance line. Its all fun with math.
But where to start buying AG. is a good question.
IF the Cartel powers were able to smash it down below 3 dollars....couldn't they do it again?? I do not know. I suspect they could. but I don't know if they will at this time. I do know that another global stock market crash could easily take AG down to 2 dollars and the game begins all over again.
What a sensational jack pot of profit it was for those who bought AG at the January bottom and sold it at 19 dollars.
All this is going to take more study.
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