Will AEM make a retracement with completion of elliot wave 5 despite massive volume still in play?
LT LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND ST HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND W&R bullish line = 0.210; bearish line = 0.170 NO TP & DIRECTION YET In my opinion, don't take any action first until W&R reversal signal appear: either up or down. There is no strong indicator for any direction. Still need some time to monitor.
Second Wave with Fibonnaci 61.8 Support tested Rebound. Let See!
Thank you for your continued support! Strategy: Bull Formation Analysis Bias: Bullish. AEM made a successful breakout from the triangle consolidation zone and continued its momentum. Momentum Chips (red chips) show a positive signal. Resistance: 0.250, 0.280, 0.300 Support: 0.200, 0170 If you find this idea helpful, kindly leave us a like and comment!
EP : 145/150 CL : 130 S : 140 R1 : 165 R2 : 190 BOD ( reversal ) Market Capital (RM): 64.22m Sector : Industrial Products & Services Sub-Sector: Industrial Materials, Components & Equipment
BEST EP 0.090 @ 0.095 AND WAIT TILL IT NEARLY DOWNTREND UPPER TRENLINE
MSR EP : 130 CL : 110 S : 115 R1 : 150 TP : RSI buy signal Check MD and TC before entry
MSR EP : 130 CL : 110 S : 115 R1 : 150 TP : RSI buy signal Check MD and TC before Entry