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.


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