AGL LONG TRADE 18-06-2025 Second Strike"AGL Buy Call for Second Strike
AGL previously traded in a bearish channel (pink) and reached a low of 39.3, marking a selling climax. After reversing, the stock broke out of the channel and formed a bullish pipe pattern. A subsequent corrective bearish channel (blue) has given way to a bullish setup, with the recent formation of a bullish structure offering a safe entry point.
🚨 TECHNICAL BUY CALL – AGL🚨
Buying Levels:
1. 57.38 (Current Price)
2. 55.1
3. 54
Targets:
TP1: 59.9
TP2: 66.1
TP3: 71.2
Stop Loss: Below 51 Day closing basis
Risk-Reward Ratio: 3
Caution: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
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