AIS 6.67% 21.0¢ aeris resources limited

Not sure about you folks but I'm running a marathon with AIS and...

  1. 6,140 Posts.
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    Not sure about you folks but I'm running a marathon with AIS and not a sprint. Best temper the immediate expectations IMHO.

    Technically we are about to consolidate because:
    1. The action today is showing a bearish reversal bar.
    2. We went beyond the Upper Bol(20, X2) two days prior and today it failed to maintain it.
    3. AIS RSI is red hot at 99.91! This needs to cool down before the next clear leg up can resume.
    4. We failed to break the 24/07/19 resistance mark.

    https://hotcopper.com.au/data/attachments/2661/2661148-67b2752dd0c6389c255a2076081ee6cf.jpg

    By all means party on but my watch says we are 1 candle past happy hour now. Buying more drinks from here on will cost money.
    I hope I'm wrong but the charts says different.

    Last edited by Exised: 18/11/20
 
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