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Juliac
Jul 6, 2020 7:31 AM

AEM - Trend continuation? Long

AEM SGDSGX

Description

AEM looks to be finally breaking out of a long term bull flag which was in the making for almost 2 months. Will to test this breakout with an initial stop @ 3.12 (just below today's candle low) and with an intermediate target of 3.50 and a longer term target of 3.75 (40cts channel width projected onto the breakup level @ 3.25).

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Comments
Phi-Deltalytics
Thanks for sharing!
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