AES Symmetrical Triangle BuyAES has formed and broken out of a beautiful symmetrical triangle
It is still early in the break out, price could lead much higher, as suggested by the comparison to BKR
Strong Buy for AES
AESE
AESE UpdateI think we still have a let lower before it turns around. Will re-enter either after a breakout or when we hit the floor. This spot doesnt appeal to me.
Mr. West Daily notes Report no. 3Trending Up: AESE, MVIS, HERO, SNE, ZNGA, ROKT, DENN, GE, MICT, UA, JETS, SAVE, NCLH,
Trending Down: CRON, JBLU, ABNB, DASH, NIO, CAN
Consolidation: PBI, BOTZ, CCL, NKLA, WINRD
Todays notes will be explaining the market and it's signs of growth for majority of the Companies I have listed based on chart patterns. For the month of December, many of the Stocks are tending up. One Stock company in particular has gradually grown from its consolidating patterns into a bullish up trend. Ticker symbol Allied E-Sports Entertainment INC. (AESE). With COVID-19 still creating issues in the economy, many people are still resulting to stay inside and occupy their time with online gaming. This has also been a strong factor for many E-Sport companies within the Tech Industry. (See image link below).
With the hype of Door Dash(DASH) and Airbnb(ABNB) having IPO dates last week, the two tech companies were price up high. However, the two companies ended up falling short into a down trend. Door Dash may end up going up due to the increase of take out, but Air bnb may result in a down trend since traveling is still at an all time low.
AESE: Penny stock on a bull run3.18.2020 when COVID hit, it sank to 1.14 from 2.95. Listed on 10.25.2017 w/o movement until 8.2.2019 after drop from 10.29 to 3.40. I predict it hitting just below the price it was resisting at before COVID (2.50).
