AEON trade ideas
Continuation Support at Aeon?Strength / Weakness in the chart
1. Up-thrust high volume after 1st breakout
2. Forming support with narrow spread low volume
3. Wait for confirmation on strength
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Who have the best setup? Pansar & AeonStrength / Wekaness in the background:
1. Pansar
a. Accumulation
b. Lots of Strength in the support (Spring and No Supply)
2. Aeon
a. Pullback in downtrend
b. 18LC with high volume
c. Forming narrow spread bar low volume in new support level
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SHORT TERM TRADE - AEON CO - BUY ON TECHNICAL REBOUNDAEON Co showing some buying strength. Recent uptrendline is broken, however a potential technical rebound play to T1 (along green line) and if momentum is strong enough, might even goes back into trendline for T2 (along green line). Immediate support is at S1. RSI is still in bullish territory.