AEB currently showing accumulation occurring after a 100% retracement from original 120 MA breakout in January at 2.8c with a run to a high of 7c ensuing.
Major support was hit after at 2.8c and has since begun an uptrend from that point.
Money flow showing cross from oversold and currently in accumulation which is a precursor to next move.
Trading range tightening with bollinger band squeeze coming into play.
Small resistance at 3.7c which should be broken in 10 - 20 trading days which will push it to the next resistance of 4.3c
Fib levels showing a likely medium term move to a range of 4.4 to 5.4
Chart
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