Monday, August 20, 2018

AEM - A Hot Stock Was Made














AEM had been running for 5 straight days without selling and the stock is rising everyday with buyers willing to take higher and higher prices. It was the hottest stock in the market right now as the bull was very strong with sellers depleting. After making some good $42,000, I did not re-enter this counter as I could not find a strong convincing reason to do so. The Top Volume today reflected all the buying activities and how AEM moved vigorously in the Top Volume too. The Dow Jones was up +110 points and yet again our STI failed to perform. I find it very tough to trade the market with good stocks. It's pretty selective in trading now.

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