AAC.ASX_Bearish Pullback Trade_ShortENTRY: 1.705
SL: 1.81
TP1: 1.665
TP2: 1.585
- ADX<25. Would like to be higher.
- Daily RS -ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI -ve
- Moving averages are aligned.
- Price breakdown from uptrend line on 20 Sep 2022 and rejected it on 26 Sep 2022 where it also breakdown from 200EMA.
- Entry based on today from pullback and rejection of support-turn-resistance area (1.76) and 200EMA.
AAC
Trading Idea - AAC #ClydeSpace (mid-term/long-term)BUY
ENTRY: 2.285 SEK
TARGET: 2.910 SEK (27% profit mid-term)
STOP: 2.130 SEK
AAC Clyde Space AB, formerly AAC Microtec, is a company based in Sweden, which is mainly active in the aerospace industry. The company operates as a provider of space solutions and systems for state, commercial and educational purposes.
1.) The current zone represents a good entry point for investors who are interested in the company over a medium to long term period. The securities is near the support at 2.00 SEK - calculated on weekly rate data.
2.) The predicted growth for the coming year is one of the strengths of the company.
3.) The financial situation of the company looks excellent, which gives it a considerable investment capacity.
AAC before a 55% riseAAC Clyde Space is before a 55% rise. The harmonic pattern that the stocks has created suggest a target a powerful increase to around 4 SEK. If the stock cross the 2,4 SEK I think the stock will make further pullback before the rise could start. The fibonacci levels are good levels to either buy or sell the stock. Let me know what you think?
AAC: $0.17 | 3x++ for life STORAGE play100x is a myth to most... a 3x to 12x return should be decent
over and over.. on a quarterly basis
a Blockchain for Entertainment etc... share storage across the universe..
AAC Tech approaching support, potential for a bounce!
AAC Tech is expected to drop to 1st support at 45.60 where it could potentially react off and up to 1st resistance at 49.75.
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