May. 20 at 11:39 PM
$AIOS went
$7 to
$33 on April 28 and the market been deciding where the new floor lives ever since. AI operating system play sitting at
$15.52 support after a 15.79% flush today. That last candle is a bullish outside engulfing on the 8H. Price swept the low and closed back above it. That's not weakness. That's a trap door that didn't open.
🐂 Bullish engulfing at
$15.52 support holds and the cup base is real.
$18.20 reclaim then
$20.50 then
$27 measured move. Low volume on the flush confirms shakeout not distribution.
🐻
$15.52 loses on follow through and the gap fill conversation starts.
$12 then
$10 then
$7 pre-spike base is the nightmare scenario.
⚠️ Outside engulfing candle at key support after a 15% flush on low volume. That combination doesn't show up by accident.
Trap door didn't open. Watch what happens next.
#AIOS #AITechnology #BullishEngulfing #TechnicalAnalysis #hovdid