@TellerTeller wrote:100% , it will come down to 16. I know the nature of this pattern . Its inverse to CTC pattern. Formula works basis of short term price appreciations. If price appreciation above 50% with in a given time, it will VLookup the next value. In parrelly it will create V chart but its adverse AEL regular chart. For me of course 16.30 LKR must touch.
I (We) like to know the reason as to why AEL should touch 16 again in near future?
Unnecessary demotion is unethical same as promotion I believe.