As highlighted this stock last Thursday that it was the hottest stock where we traded and made $$, today the stock continue it's rising price where it touched the high of $2.64 and it still continued to look so ever strong. See the daily chart, it broke through all the highs and still climbing higher because of the institutions and fund houses buying it when there was a pandemic sold down last month.
http://stockmarketmindgames.blogspot.com/2020/04/aem-is-hot-stock.html
Look at the sold down and then look at the cob, it was obvious that many big players went in last month to scooped up some cheap wholesale prices and then slowly moved high it together with the overall general bullish market for the past 1.5 months. As it moved higher now, I can sell Sellers emerging soon. More profit taking is in place and I expect short term price reactions first. If I buy now, I would be chasing with the retailers. Instead, I chose to take profits with those big players first. Congrats to everyone who bought and made $ in AEM.
Ronald K - Market Psychologist - A Stock Market Opportunist
