I know it's a bit ludicrous sometimes to do technical analysis on a pennystock, but I've found that with junior miners, you can often see the spikes coming when watching the indicators.

I am not a holder of AGQ but it's certainly on my watchlist. Not limited by any fundamental knowledge of this company, I try to trade the charts. The only thing I watch out for is geopolitical risk and 'some' financial stability.

It seems to me that with precious metals season coming up (aug/sep is usually the start of the precious metals season), a good entry for me is coming closer every day. MACD seems to have bottomed and any close above 20c will probably lead to a bullish cross. RSI has broken out in the weekly chart, which is a very good sign, but there was resistance around the EMA15, currently crossing at 0.225. The level that needs to be watched now is 0.145. If that level is broken, the picture becomes bearish.

Also note that upward volume was much higher than downward volume, showing that the long lasting bearish period is coming to an end. So hang in there, guys.