Friday, May 8, 2020

AEM - This Stock Shot Past $3.00




Been blogging and share this hot stock AEM since the day it broke out of the tunnel. From April 30th when I made a blogpost as the hottest stock in STI, the stock had been rising up like crazy.

http://stockmarketmindgames.blogspot.com/2020/04/aem-is-hot-stock.html

And on Wednesday where I shared that Fund Houses and Institutions were buying and some short term profits might been in place, the stock did exactly what I predicted.

http://stockmarketmindgames.blogspot.com/2020/05/aem-fund-houses-and-institutions-bought.html

http://stockmarketmindgames.blogspot.com/2020/05/aem-profit-taking-and-reactions.html


Today, it was otherwise, the stock gap up so heavy with price rising like crazy. It made like 16% in one day and there seemed to be a lot of buyers pushing up the price. I studied the chart and saw points of accumulation and reaccumulation and it was no wonder that the stock had so much buying now. In the Top 30 Volume, AEM is climbing up steadily as it dominates the market. The rest were some penny medical stocks moving up because of the recent cases of the coronavirus. I am impresed with the rise in AEM, do you?

Ronald K - Market Psychologist - A Stock Market Opportunist