AHL -Bottom FishingThe stock price has dropped around 60-70% in the last 6 months. From an all-time high to an all-time low in just 6 months.
This time, it is consolidating at the lowest prices for a month.
If it gives a bounceback, it could be a good trade setup with a good risk-reward ratio.
The projected targets are 260/350 or more.
The setup remains active above the price of 180. It loses significance if sustained below 160.
All these illustrations are only for learning and sharing purposes. not a buy or sell recommendation.
All the best.
