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Re: chrisaetos777 post# 9

Friday, 05/16/2014 2:53:53 AM

Friday, May 16, 2014 2:53:53 AM

Post# of 14
chrisaetos777, I was right. If you recall I made the following statement on May 5, 2014.

AEG) seems to be in a horizontal channel with a possible symmetrical triangle beginning to form. I believe the day you bought into your position is when the PPS was that the height of the top line channel. Short term, the PPS seems that it could fall down to the $8.70 range.



It would be difficult to speculate of where the current PPS of Aegon N.V (AEG) will be heading. There are many different factors of which could impact the direction. There is support at the $8.50 range which (AEG) bounced off of on May 15, 2014. There is actually a second support right below the $8.50 range which has not yet been tested. There is resistance at the $8.75 range. Not to mention the current volatile market. It seems that (AEG)'s trend is very sensitive to the market's volatility. Should the market dip further on May 16, 2014 then these supports could broken. (AEG) signaled a bullish candlestick pattern on May 15, 2014. Confirmation on this pattern awaits. Like I said, many different factors. Tomorrow will be an interesting day for (AEG).



Seems like (AEG) isn't much of an attractive stock for any guru.

i am still researching,



Have you found any new research since your last post?

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