$AGI: Interesting Long-Term Chart

Alliance Global Group, Inc. ($AGI) last traded price as of 30 March 2016 is 17.02. Here’s the interesting chart of AGI, in a 10-year period, using the weekly timeframe: As can be shown above, the stock is approaching a very strong resistance channel line at 17.40 to 17.42 area, which if successfully penetrated or broken,…