I don’t want you to shoot a running horse but taking your original investment out and putting it into another asset would be considered prudent.
Hi Lou: Agrium has had a great run, Does it have any more legs to move significantly higher? Yoong Hi Yoong, You have the story right on Agrium, Inc. ( AGU TSX ). It caught a bounce off support at $52.00 and has made a run to resistance at $75.00. I provided an [...]
The shares of AGU are doing what you would like them to do an over the next six months you will have the opportunity to make a profit. From here it looks like a run to $75.00 before you hit resistance.
I would suggest at this point that you might be best served taking a loss at this juncture and preserving capital so you can find a better opportunity.
Right now the best strategy for HF would be to keep it on your watch list for a break out of its trading range while keeping in mind the seasonal strength in the sector.
Keep an eye on the descending triangle and see how it develops. Technical indicators can help reduce risk and improve returns so lets not ignore them.
Hello Mr. Schizas… I would appreciate …your opinion on my intention of getting out of Agrium temporarily. Got in at approximately $35US. I have a “FEELIN” that things may soon hit a downdraft, seeking some sort of consolidation, and then proceed to slowly edge upwards.Agree or disagree? I realize that it is never a bad [...]
