Jun. 26 at 3:39 AM
I am liking
$AEON, which came up in a scan this evening.
AEON has completed its first higher low, or “stair step” as I call it. The best stair steps producing the biggest up moves tend to be broad, like AEON’s.
As AEON is already above its 20 and 50-Day SMAs, that leaves its 200-Day SMA at 25.89 as the eventual and logical target. From AEON’s current price of 0.75, that COULD (not necessarily will) mean a potential profit of 3,300%. Even a return to the past price plateau (say that five times fast 😊) at 10 MIGHT produce a profit of 1,200%.
For those doubting such moves happen, look left on the daily chart of
$LAES. Starting December 5, 2024, LAES went from 0.35 to 11 in just 3 weeks, briefly correcting around 2.75, for a total gain of 3,043%. Compare LAES on Dec. 6 with AEON now.
$DRCT had a one-day gain of 900% on December 23, 2024.
Such moves do happen. The trick for swing trading them is trying to find and read their setups and get on board for the ride. 🚀
That is what I do.
