AER looking good for a long play
AER - services sector
48.5 level is currently a clear resistance area
yet, Increasing volume and a weekly chart shows a nice Bull Flag. If AER will cross the 48.5 level with high volume, its next target will be 50.
note that in recent weeks it has been supported on a moving average 200 also, OBV currently supports the proposed direction, and the Bollinger bands are at a great position.
this is not a recommendation to buy or sell.
Goodluck.
48.5 level is currently a clear resistance area
yet, Increasing volume and a weekly chart shows a nice Bull Flag. If AER will cross the 48.5 level with high volume, its next target will be 50.
note that in recent weeks it has been supported on a moving average 200 also, OBV currently supports the proposed direction, and the Bollinger bands are at a great position.
this is not a recommendation to buy or sell.
Goodluck.
,The quieter you become
the more you can hear
(Ram Dass)
the more you can hear
(Ram Dass)
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.
,The quieter you become
the more you can hear
(Ram Dass)
the more you can hear
(Ram Dass)
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.