Friday, October 12, 2018

AEM - Flushy Stock

AEM, a stock that looks not bad has this flushy behavior after it announced a good news this week. Study the 5 min chart, there was a gap up with strong retailers chasing on Wednesday where price touched 0.86 and then it slowly experienced profit taking and the stock gap down yesterday to a low of 0.76. Today it gap up again where it reached a high of 0.82 while it's now staying and holding on near to that price near the supply zone. I am mix on this counter but yet at one glance it looked good but I am not so confident as of now. I will kiv this counter in my watchlist for the time when the stock is about to run again.

Ronald K - Market Psychologist - A Stock Market Opportunist