Short Term Trading Week Starting: 23 Apr, page-60

  1. 991 Posts.
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    Hey folks, not a lot on AEE so I thought I'd post two daily charts of interest.

    First one looks at the past three months. AEE has failed to hold the breakout & retreated to 2.2-2.4c range every time. Now, a proper backtest of the b/o at 2.4c, with a nice green candle today to close 2.9c, on record volume over the past three trading days.

    AEE-Daily-2018_04_23-21h22.png


    Another daily below (would post the weekly but it's Monday), looks at the past 12-14 months, giving a wider picture. AEE needs a close above 3-3.1c to confirm it's shaken off some trapped holders, and signal whether a new trend is on the cards. Looking a lot better though. That volume is telling.

    All imo. Thanks everyone, hope you have a good week.

    AEE-Daily-2018_04_23-21h25.png
 
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