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)
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