American Graphite Technologies (AGIN), DJIA Chart Update

In mid-September we posted "A few graphite stocks worth considering."

On net, those stocks have since gone sideways.  USGT has been the stand-out, at one point almost doubling.

Here we present the chart of another penny stock in that sector, AGIN (American Graphite Technologies), which shows a six-month downtrend broken:

In that same mid-September post linked above, we also presented this chart of the DJIA:

At the time, we wrote: "We cannot become bullish unless we see consistent closes at new highs, above the horizontal red line."

Here's an updated chart, showing that a few days later the index turned right at the horizontal red line, and that the DJIA is now again challenging the line:

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