On 5 previous occasions, everytime the red line crossed over the black and gren lines after a pullback, AKE's share price went up.
Now, AKE has just had a pullback, and the red line (EMA 9) has crossed below the green line (EMA 21) and is touching the black line (EMA 55). Under normal market condition, the red line will be crossing below the black line and curving up and crossing over the black and green lines like on the previous 5 occasions to bring another swing high.
AKE Price at posting:
$9.04 Sentiment: None Disclosure: Held