AEMD is seeing support near the low 3.30's and could be bouncing now. The 3 and 4 hour charts show downward momentum is exhausting and the 1 and 2 hour charts show upward momentum. Recent past shows resistance near the 70d MA so I will be taking profits when it starts closing in on the 70d MA (estimating 3.90 range) and I have a stop loss set at 3.25. Which should be near a 3:1 risk reward ratio. However if it breaks the 70 MA I think it could run up to the 1/3 line and could potentially see a higher high. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.