AGI | Alamos Gold Inc. — Technical Breakout with Strong Momentum

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AGI | Alamos Gold Inc. — Technical Breakout with Strong MomentumAlamos Gold Inc.BATS:AGIshortermtrader📈 TRADE SETUP ConceptDetails DirectionLONG Entry$49.10 Stop Loss$41.70 Take Profit$64.20 Risk/Reward~1:2.0 Time Horizon6–10 weeks 🧠 TECHNICAL ANALYSIS ✅ Multi-Timeframe Alignment Daily: Strong bullish trend, price above SMA-20 ($42.50) and SMA-50 ($40.83) 4H: Bullish trend with "buy" signal and positive MACD 1H: Bullish trend with RSI at 72.7 (healthy within strong trend) Volume: Sustained increase on recent upward moves 📊 Key Indicators RSI (14): 61.5 — Bullish zone without extreme overbought MACD: Bullish across all timeframes, positive histogram Bollinger Bands: Price breaking above middle band, heading toward upper band Support Levels: $45.00 (SMA-20), $42.50 (SMA-50) 🎯 Price Structure Clear breakout above resistance at $47.50 New high at $49.10 with increasing volume Fibonacci extension target at $64.20 📊 FUNDAMENTAL CONTEXT MetricAssessment Fundamental Score5/9 (Medium) Revenue GrowthStrong growth DebtBuy (score 10, debt-free balance sheet) RatiosSell (overvalued, typical for strong growth) SectorGold mining, beneficiary of commodity cycle Strengths: Strong revenue and net income growth Impeccable balance sheet (no debt, score 10) Gold's bullish trend as macro backdrop Weaknesses: Demanding valuation (P/E 37.4, P/S 11.1) Volatile sector sensitive to gold prices 🛠️ TRADE MANAGEMENT Entry Strategy Immediate: $49.10 on breakout continuation Scaled: 50% now, 50% on pullback to $47.50–$48.00 Stop Loss Hard Stop: $41.70 (below SMA-50 daily and structural support) Trailing: Move to breakeven at $55.00 Take Profit TP1: $55.00 (psychological resistance, 50% position) TP2: $64.20 (primary target by Fibonacci extension) ⚠️ DISCLAIMER This analysis is for educational and informational purposes only. It is not financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before trading. The author assumes no liability for any losses incurred from this information. Ticker: AGI Timeframe: Daily + 4H Strategy: Swing Long on Breakout Date: February 23, 2026 #AGI #AlamosGold #Gold #Mining #SwingTrading #Breakout #TechnicalAnalysis #TradingView #Commodities #GoldStocks #RiskManagement