After the stock price was moving up to the direction of the all-time high the Aurelius‘ shareholders had to suffer from a minor price adjustment. On the weekly basis the stock is still above the Ichimoku Kinko Hyo indicator but on daily basis the stock fell inside the cloud of this indicator. It will might drop below it soon.
The only support is the Senkou Span 2 line which is still slightly above the current price. Johannes Weber believes that a counter movement upwards is very likely because of the entire situation. Furthermore, one needs to note that the price is already at the lower border of the bollinger bunds on the daily basis. This is in favor of a upwards movement.
Aktuelle Video-Analyse von Aurelius: