AEF DAILY CHART:Gap filled and retraced at the ~$9.93 - ~$9.97...

AEF DAILY CHART:
Gap filled and retraced at the ~$9.93 - ~$9.97 resistance. Currently at the support range and IMO should wait for a rebound at this range or at the lowest recent low peak of $8.64 with volume to confirm potential end/weakening of shorter term down trend and establishing our support. RSI is touching overbought zone.


AEF WEEKLY: Waiting for daily & weekly close above support to show strength of the floor with volume seeming relatively low (could suggest either weakening of selling pressure or weak buying pressure off the support. I personally see this as weakening of the down trend off the support but could also see it either way). Rejection of resistance can be clearly seen. Hopefully tomorrow we can see some buying to show a more bullish candle off the support for the week.



AEF MONTHLY:
RSI shows to be increasing as the start of the month is showing some strength bouncing off the support and 20 MA which can be seen happening in the past. Overall monthly uptrend seems to be intact (for now).



From what i can gather (With very limited experience), we are obviously in a long term uptrend with the observable retrace. As long as we stay at or above our support range, we should be able to see a clearer floor and a new uptrend rather than the downtrend continuing. Selling pressure seems to be weakening as seen on the weekly chart with the most recent volume if we can stay above the support. With the daily chart touching the overbought zone and on all charts we are at an important support range, it would not surprise me if we are to finally see a continuation of the uptrend with the daily RSI picking back up from the the overbought zone. Although, it is just touching it, we MAY have to wait a bit (or not) before we see this happening as on the weekly, RSI is bearish in this period, being below the median, while monthly chart RSI being above median thus, bullish in the longer term. We are at an important zone which hopefully holds. Perhaps the end of the selling pressure is soon to come. This is all just purely technical analysis and i am not taking into account the fundamentals and macro environment. My guess is we may see buying pressure pick up soon off the support, should we stay at or above it, making it likely around this range is the floor after a ~40% drop from ATH ( but who knows with the macro as of late).

Just sharing my opinion only and this is not financial advice.
Any constructive criticism, advice and feedback are welcomed for my technical analysis as i am practicing to improve by chart interpreting abilities.