Golden Energy Stock Code AUE.SGX
Price reached a high of $0.420 on 29 July and a price correction soon followed. During the price correction, price was supported by the cloud, which prevented price from turning bearish. The low of the decline was also the Fibonacci 62% correction point of the rally from $0.150 to the high. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD has a bullish crossover and is hinting of a bullish price trend. Going by the Ichimoku E price projection, we have a price target of $0.420, which is also the previous price high.
$0.420 Price Target
$0.290 Risk Management Stop
3 weeks Trade Duration