AGCO Corporation
Updated

AGCO eyes on $88.47: Golden Genesis fib may End Bounce or Pop

46
AGCO earnings bounced to a Golden Genesis at $68.47
That is the highest gravity object for a long ways away.
What happens here will determine medium term trend.

It is PROBABLE that we orbit this a few times.
It is POSSIBLE that a Break-n-Retest runs up.
It is PLAUSIBLE for a rejection to new lows.

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Trade closed: target reached
BOOM and BOOM then Argh
snapshot
(yellow shaded area is from posting time)
Hit first two targets for 13% and 22% gains.
Then stop Loss was hit on the retrace.

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Will look for next opportunity show by fibs.

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