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Is AESI likely to continue lower? Lower Bollinger Band Walk shows up after crashing 7.29%
On Wednesday, July 29th, AESI moved down 7.29% while volume increased to 1.6× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 9.79, 9.4 & 8.66, with resistance at 10.92, 11.66 & 12.05. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of AESI: F
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