Long

AGIX bull flag breakout and retest complete. What next?

AGIX broke out from its bull flag yesterday as we had forecasted. It quickly went up to its .618 fib resistance and came back down to retest the upper trendline of the bull flag. The retest was successful. Where next? We are watching for potential sustained resistance at 53c (.618 fib retracement) and if it breaks through that, more resistance at 59c (.786 fib retracement) as some profit taking could happen here. Beyond that, there will be more resistance at the ATH (67c), but if it overcomes all of these, upper targets are still the 85c to $1 range.
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