If AEMULUS repeat it previous pattern, price will breakdown before going up back after touch the red line. Or it will breakup until blue line before going down. Just my 2-cent idea. Please comment if you have any idea. Thank you.
Observation
1. The price action breaks the 200-day SMA upwards (Bullish Breakouts).
2. The price bounce on the 200-day SMA two times (Support Bounce).
Forecast
1. Price might drop to bounce again for the third time or bearish breakout on the 200-day SMA.
2. Price might go for a long uptrend
Reminder
1. This counter got dividend with ex date on 2/10/2023,...
Gann Support: 0.37/0.34 | Resistance 0.40|0.43
Current price near the resistance. Target price after break the resistance is 0.43.
Tweezers bottom pattern form last week which indicates possibility of bullish trend.
Based on MACD analysis, buy before or on overlapping of the two lines.
Analysis based on my hope only. No need to trust this analysis.
Gann Support: 0.34/0.31 | Resistance 0.37|0.40
Trade at high volume near the resistance over one month.
Hopefully can break the first resistance and become bullish.
One year target price is 0.40 and long term target price is 0.47
Analysis based on my hope only. No need to trust this analysis.
Gann Support: 0.34/0.31 | Resistance 0.37|0.40
Current price near the resistance. MACD almost overlap.
Technically, a morning star has form yesterday but price might drop today due to Friday effect.
Hopefully can break the first resistance and become bullish next week
Analysis based on my hope only. No need to trust this analysis.
Gann Support: 0.43/0.40 | Resistance 0.46|0.49
Current price near the resistance. MACD almost overlap.
Hopefully can break the first resistance.
Analysis based on my hope only. No need to trust this analysis.
Price above EMA 20 moving toward EMA 50.
Stock rebound toward new downtrend line.
If bo, TP1 is 0.280 and TP2 is 0.310.
CL at 0.250. Quaterly report on the way.
Hoping for good news.
Trade at you own risk. Comment if you have different idea. Thank you for your time
Possibility to form morning star, or forming same pattern as first circle or worst continue downtrend.
Entry 0.460, TP1 0.490, TP2 0.530 and cutloss 0.430. If break downtrend line, possiblity of uptrend movement. Trade at you own risk. Comment if you have different idea. Thank you for your time.
