AEE chart thread, page-229

There some interesting things happening on the monthly chart which are worth noting.

1. Theres some interesting trend line points right now that suggest a 2c bottom is our low and that we have put in a higher low from Jan 16. Watch for the overthrow. It might be designed to suck in sellers before a rally.



Also, I do like the donchian movement on the monthly too, which is that upper trailing orange dashed line now sitting at about 5c. It doesn't suggest an imminent movement in and of itself, but its in a position where upside is not a correction but the beginning of a bull market.
You can see that we have increasing divergence in the quicker Stochastic. This has always sparked some SP pop in the past (even if only briefly) and is more reliable on the monthly if this Stochastic moves beyond the green line.



There's some indications that a move is brewing. Let's see if Mr Market wants to deliver