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snoboardr4life

AEMD $3.30 holding as support. price target $16-22+ on breakout

Long
Aethlon Medical, Inc. (NASDAQ:AEMD)  
snoboardr4life Updated   
NASDAQ:AEMD   Aethlon Medical, Inc.
Chart Patterns Trend Analysis
2
0
chartpattern trendanalysis
Be gentle since this is my first post! $3.30 has been holding as support for awhile now. We can see a clear consolidation within the falling wedge. A breakout would take us to the 0.618-.0886 fib area of $16-22 on the longer timeframe. Currently there's 9 days left until the next earnings report. Keep your fingers crossed! Any comments are appreciated!
Comment:
$3.30 failed along with the rest of the market. Currently, a double bottom is forming on the 4hr. hopefully the recent price action will push us above the trendline. $16-22 is still the next target
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