AEM - Tumbled 11% with One Final Push

AEM as posted on my instagram last evening that there would be one final push before selling down. The stock is currently selling down at a fast and rapid manner where the buyers were already locked in profits and sellers were commanding the stock. It's not wise to long this stock anymore and it's time to rotate to find another stock. What I predicted came true. The stock moved up first this morning for one final push and sell down heavily now.

I captured the most important top volume screenshots for sharing purposes. See how the stock tumbled in each screenshot. It's good for your knowledge but better for your next learning and next trade. Study the chart and see if you can spot the tell tale signs of the one final push before the sell down. If you can predict the market, it gives you a higher edge of winning the game and profiting from it consistently from it.



Update: 21/8/2018, 4:54pm

 

AEM suffered heavy sell down today. It looked like the selling was a concerted effort and the buyers cannot withhold the sellers. I am just glad that advice just saved many others who wanted to long the stock yesterday. We were looking to sell instead. Congrats!

Ronald K - Market Psychologist - A Stock Market Opportunist