1. Bankers entering and will push up the price within 1-2 weeks from this post. 2. Price around 9 is good entry. 3. Potential profit 10%
AEONCR Rst: 11.17/ 11.96 Spp: 10.68 Better proxy to finance sector, V-shape recovery, and the magnitude of RSI recovery suggests strong upside will continue to unfold, key level to break is 10.68, if done will unleash further upside.
Despite satisfactory financial performance, AEONCR is still a good stock for long-term investment in view of its fairly attractive valuation and still positive technical outlook.
Target set at R1, while Stoploss set at S1 incase price made a u-turn. bigger picture: price is within a bigger Potential Ascending Triangle. Larger / higher target (X to X) can be achieved once broken R1.