Monday, October 1, 2018

AEM - Pushing Over the Wall










AEM had a strong wall at 0.74-0.745 for some days to weeks in the 5 minute chart. I was watching this wall for the final breakout and indeed it happened last Friday where it was finally broken. Before the wall was broken, it was flushed to 0.725 first where the stock at one glance looked weak where it suddenly sprung up to test the wall level again at 0.745. Finally after many tries, the wall broke and the price flew so high to 0.80 today. In the daily chart, it was more beautifully setup with a rollover where the price moved after the stock rolled. It's a super powerful maneuver where profits was instant. Congrats to those who went longed.

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Ronald K - Market Psychologist - A Stock Market Opportunist