Friday, November 9, 2018

AEM - A Stock To Watch

AEM, a stock I had been watch for a very long time and traded a few times is looking not bad after some serious breakout and breakdowns. This is a very flushy stock and can sometimes wipe you out but nevertheless it provides good volatility and ranges for you to make profits. I am a follower on this counter and I had mastered the buy/sell Q on this counter with their very specific stacking/removal of queues whenever it happened. Today the stock recovered a little bit from yesterday's sell down which was first having the buy/sell Q thin out and then slowly bite and stacked back again. If you don't know what I am writing and saying, it means you might not be observant enough to watch those fine details when it happened LIVE.

Studying the daily chart gives me further clues and cues on how to trade this counter effectively. Without the daily chart, it's very hard to predict the direction of the trend and hence it's very important to study the daily chart first then to the minute chart. It's a stock to watch of all the other tech counters because in my opinion, it's the leading tech stock in Singapore.

Ronald K - Market Psychologist - A Stock Market Opportunist