50ma weekly strength – close to trend line 786 retrace possible
ACTIVE ENERGY GROUP PLC ORD 1P LSE:AEG
Looking to bounce from around this level or just under where 786 fibs lie at around 2.84p also where there is previous resistance
CCI is getting quite on oversold area.
Looking for a bounce to at least 50% retrace & possibly the 200ma as 1st target.
Unbiased view as I do not hold any shares…yet!!!