Aequs Ltd testing major resistance on massive volume
Aequs Ltd is a precision manufacturer that handles everything from high-end aerospace components to consumer electronics.
Looking at the chart, the stock is testing a major resistance level around 223 for the third time. The big difference with this attempt is the massive volume supporting the move, showing strong buyer interest. A clean daily close above this line triggers a breakout with a lot of upside potential, while another rejection likely sends it back down to the 190–200 support zone.
Disclaimer: Not a buy or sell recommendation. Do your own research before making any trade decisions.
Aequs Ltd is a precision manufacturer that handles everything from high-end aerospace components to consumer electronics.
Looking at the chart, the stock is testing a major resistance level around 223 for the third time. The big difference with this attempt is the massive volume supporting the move, showing strong buyer interest. A clean daily close above this line triggers a breakout with a lot of upside potential, while another rejection likely sends it back down to the 190–200 support zone.
Disclaimer: Not a buy or sell recommendation. Do your own research before making any trade decisions.
WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.