AEIAlset Ehome International Inc (NASDAQ:AEI) In the daily chart above the stock is starting to show some strength with high volume upsides. With no resistance between $11 and $14, a break above the $10.90 level can see the stock trade in the $13.50 area pretty soon. To be honest, I believe the stock still has more room for appreciation. The stock’s range is getting smaller on decreasing volume. With an upward RSI trend and an improving MACD, I have a feeling that it will break higher shortly.
AEI trade ideas
AEIThe stock surged in the final hour of trading and closed back over 10.30. The real fireworks should begin if Alset Ehome International Inc (NASDAQ:AEI) can close above $10.70. With its low float and the company already bringing value into these shares, at some point the share price will break out. The daily MACD is starting to curl upward which should eventually lead to price increases. That bodes well for a breakout.
Explosive Move on the Horizon for $AEI$AEI
8 doji days in a row.
Extremely tight price action.
This consolidation is going to come to a resolution soon and it will blast off in an explosive way.
Price is currently sitting on an insane volume shelf.
My stop loss is at $9
price targets are
1. $15
2. $20
3. $30
Safe Trading Everyone.
$AEI #stockmarket #live #news #business #trading #stocks #stockAlset EHome International Inc., through its subsidiaries, engages in property development, digital transformation technology, and biohealth activities in the United States, Singapore, Hong Kong, and Australia. The company owns, operates, and manages real estate development projects, as well as lease units; and provides consulting, implementation, and development services related to digital transformation of enterprises. It also focuses on the research, development, and sale of Linebacker, a therapeutic drug platform; Laetose, a functional sugar substitute; and 3F, a multi-use fragrance. The company was formerly known as HF Enterprises Inc. and changed its name to Alset EHome International Inc. in February 2021. Alset EHome International Inc. was founded in 2014 and is headquartered in Bethesda, Maryland. Alset EHome International Inc. is a subsidiary of Hancock Fabrics, Inc.
AEIShares of Alset Ehome International Inc (NASDAQ:AEI) are starting to heat up again and are worth watching. The stock is basing constructively above the 9.50 level and could be marking a new trend higher that is still in the early stages of development. The MACD is also confirming this as it moves to cross up, while the RSI starts to go up. If volume can pick up I think this stock can break through resistance at $12 (downtrend line) and re-test its recent highs around $15.31. I have been accumulating a big position in AEI. I love the bz model of this company. Purchasing and renting of their homes comes with a free Tesla Powerwall and Tesla car. The company is about sustainable living. With just 770k shares float and Tesla connections, this stock should be in your watchlist. I am a patient trader.