AED is making a great looking rounding bottom pattern. This is a basing or turn around pattern. It reflects the fundamentals being written about in the AED thread, such as slow re-appraisal of AED's assets and patient accumulation of stock by investors re-rating the outlook for AED as explorer and producer. Chart suggests that AED could potentialy re-test $1.00 as the first target and $1.55 as the second target, but it will take time.
DYOR. This is mine. If you've got your own, use it.
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AED is making a great looking rounding bottom pattern. This is a...
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