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American Capital Agency Corp. Message Board

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  • jimriesenberg jimriesenberg Nov 30, 2011 4:12 PM Flag

    Going nowhere

    Hey Buddy, I am thinking prior to the $29.25 ceiling we are looking at the 200 SMA ($28.84) as a point of resistance. After that, we still have not filled the gap from Sept. 20th at $29.02. My thought is, If we blow through the 200SMA and bounce off of the gap fill then a backtest to the upper trend line of the recent pennant is possible for a reload. This could all happen in the next few days!

19.36-0.08(-0.41%)3:59 PMEDT