Long-term Trend: The stock experienced a significant decline from its peaks around $54-56, bottoming out around $24-25. However, it has since shown a strong recovery, forming a potential long-term bottom.
Recent Price Action: AA has been in an uptrend since late 2023, forming higher lows (marked as "LH" on the chart) and higher highs. This is typically a...
Price Action and Trends:
The stock has shown a strong uptrend since late 2023, with a significant price increase from around $8 to over $40. Currently, the price is consolidating in a range between approximately $28 and $41.
Support and Resistance Levels:
- Major support levels: $28.16, $25.31
- Key resistance levels: $37.78, $41.34
Recent Pattern:
A retracement...
1. Overall Trend: The stock has been in a downtrend since the beginning of the chart, with a recent potential bottom formation.
2. Key Levels:
- Resistance: $85.30 and $83.39
- Support: $72.83 and $71.04
- Current price: $66.27 (as per the last visible data point)
3. Recent Price Action:
- The stock has recently bounced off a low around $65.17, which...
detail on chart...
sell now with tight S/L or wait till break down from Thick line.
**** counter trend trade. High risk ***
My medium term still the same , Gold should go 1790+
wait for drop one more leg to buy more
![S50M2020: S50M20 [TFEX] : Head & Shoulders Trade Setup](https://s3.tradingview.com/l/Lb49ryiX_mid.png "S50M20 [TFEX] : Head & Shoulders Trade Setup")
