AEL has broken out from the Triangle and has achieved its short term target.
RSI might make a slight bearish divergence at 14.8 level. Keep a close eye
RSI might make a slight bearish divergence at 14.8 level. Keep a close eye
Note
next major resistance 19.2 ...Trade closed: target reached
Despite weak divergence, AEL pumped hard and corrected along the ASI, However RSI support line has broken. it could indicate further pull back. Marked green zone might show some sideways consolidation.. Currently counter bounced back up from DMA25
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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.