Wednesday, September 8, 2010

Alliance Global Group Inc. (AGI)

Trading Plan

Minor Trend - Short term
Entry points : 7.12 - 6.97 - 6.81
Target: 8.16 - 8.48
Cut loss: 6.65



Intermediate Trend - Medium term
Entry points: 7.06 - 6.88 - 6.70
Target: 8.23 - 8.59
Cut loss: 6.48


Major Trend - Long term
Entry points: 6.79 - 6.52 - 6.25
Target: 8.50 - 9.04
Cut loss: 5.93



Formed a tweezer top suggesting short-term peak.
Gap support at 6.87, pointing at 7.79 as target.

Caveat.

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