The AEM chart was hot and rising. The stock flew 10% today. Although there was some pt at the top, still, the stock was strong and did not tank where it broke above the wall zone 1 and 2. It signifies strength where the buyers were strong and the Top 30 Volume was flashing for a buy.
July 17th, there was an article on AEM where it said that AEM winning streak was about to continue. At that point of time, I was not convinced until I saw the buyers trying to break the wall with a concerted push. Study the 5 minute chart, there was clogged in the price movements, until the final breakout today where the buyers came in to support with a steep rise and a superb run.
AEM was indeed flashing a few days back but today was the hottest day. Observe the Top 30 Volume and the charts, there are clues on where the BBs are hiding and where to look for the right signals to click the buy. From 3.23 to now 3.57, it's definitely the hottest tech stock at the moment which had a meteoric rise derived from those big US tech stocks earnings releasing this week. Looking for more strong and powerful tech stocks.
picture source:
https://www.businesstimes.com.sg
Ronald K -
Market Psychologist -
A Stock Market Opportunist
