Thursday, November 23, 2017

AEL - At a critical support area. Watchout!!!

AEL - Trading at a critical Support Range  between 23.50 and 24.00 Watch for the trend reversal. We saw a Trend reversal taking place on 2 occasions around this Support area. Present RSI is at a 52 weeks low  hitting 14 points on the 22nd Nov'17. Wait for the confirmation with a bullish divergence and an impulsive Candle with volume.


No comments:

Loss and Gain of the ASI in 2021 vs the Loss in 2022

  This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...