A few thoughts on chat room team idea

Cigar

Well-known member
292 13
A good idea to pool info and thoughts, as long as others make the effort with their thoughts.
Probably need 2 separate threads running, 0>2 day trading and 2>20day trading.

I'll offer my views on AIE, on a 2>20day basis.

(I don't hold the shares but its high on my watch list)
(My usual strategy is to search for bullish divergences, then wait for buying volume, usually on FT100's)

Now ~153p

Support 3 times at 148, next level at 130

Horiz. Resistance maybe 178, 195, 210

Fib retracement from Jan peak to recent low of 149
38% 174p
50% 182p
62% 190p

R/R 50% retrace/recent support = 29p/5p ~ 6:1

Volumes have been high over the last 3 days, but according to iii, there is a fair bit of selling going on.

I'm watching closely

Any views welcome
 
 
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