Potential Buy Alert

ARG – Argo Investments Limited

Stock : ARG – Argo Investments Limited

Current Price : 7.89

Status : On Watch for pullback and higher low

ARG is looking primed to build for a move higher on the weekly charts but may have some more work to do on the daily basis. Price is trading up to resistance at 7.90 and is stretched on a daily basis so we do expect to see some reaction lower ideally after a push up through 7.90. As the daily is extended we are looking for contraction lower to build the higher low for confirmation that the move higher is in play. Watching for now!