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0.5¢ aeon metals limited.

Thanks Pimpel, McHale and Procrastinato for your charts. Love...

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prawn_man

859 Posts.

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26/09/18

16:38

Post #: 35860106
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Originally posted by Pimpel ↑

View attachment 1275587
From the above weekly chart I observe several signs that a rise in SP is coming. The descending dots of the Parabolic Sar are almost upwards crossed by the SP, the Stochastic RSI is moving upwards from its minimum, similarly the DMI and MACD show positive signs of SP restoration. The relative strength (RSI) is at an average level, while the money flow index is the only sign slightly moving downwards, showing some disinterest in the stock at the moment, but also approaching the situation of being oversold. However, on a daily basis (not shown), I would expect a further short term slight drop in SP lasting for a few weeks to a minimum of may be 0,33. All predictions, of course, only based on TA which excludes important external factors as news releases, world politics etc. I appreciate receiving any comments in order to further advance my insights in TA.

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Thanks Pimpel, McHale and Procrastinato for your charts. Love your work amigos. This holding pattern at around 35-36 cents has been firm for several weeks. Interestingly it didn't dip down to 33 cents in this cycle. Also the drying up of daily volume is a longterm trend. We must be at a tipping point right about now, wouldn't you say?

AML Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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