$AEHL Could Be Trying to Reclaim and Squeeze Into Overhead Supply
I've been taking small trades in this $2.10 - $2.35 range but it looks like **it might have bottomed here** so I'm considering scaling in a swing position.
If you look at the 20D, 5D, and 1D you'll see it appears to have found support, AND, it has **made a break for a well defended $2.19-$2.20 area multiple times.** It seems to be signaling **a move back to the mid to high $2's** and when traders remember $AEHL is a repeat player it could get the buying pressure it needs to do so.
**The first meaningful squeeze target looks like $2.37.** Expect resistance to continue in that area.
$2.45 - $2.50 starts to look REALLY interesting on the 1D chart. Three Green candles over $2.50-$2.60 with volume and I think we could see a **quick run to the $3** area that will fall into **a real short-term trend change.**
Also, interestingly, when I was checking the filings today I noticed a new 6-K stating that they have regained compliance for an interim filing deficiency that had been hanging over their head. As of the time I checked I hadn't seen a PR about this? So we **could see a delayed "bonus spike" or catalyst** today as a response to that news.
**$2.00 is my line in the sand** for this one. GLTA and TIA for any feedback.