Wednesday, February 19, 2020

AEM - 8 Days of Sky Rocketing








8 days of rocketing in AEM as the stock prepared for some good results I believed. Since the last low it recorded, AEM had been trending up like crazy with so much buyers and I haven't seen one single day in the chart that it turned red. The Top 30 Volume was also flashing this stock while other penny stocks are moving too. I am surprised that it ran so much because from the daily chart, there was no point of entry at all which made it hard to chase on rising price. However, as of now, since AEM touched the supply zone, I would look to take in short term profits first and see how it performs before deciding to take another position. Great stock for the last 8 days!

Ronald K - Market Psychologist - A Stock Market Opportunist