AEM - Continuation of Uptrend
Co has declined 48% since peaking in Mar this year and has been turning up on the SMA 13/26.
Supported by the recent resistance turn support at 1.17 after breaking above with high volume, expect the uptrend momentum to continue after the current consolidation.
Next resistance at 1.32, stop loss at 1.16.
Supported by the recent resistance turn support at 1.17 after breaking above with high volume, expect the uptrend momentum to continue after the current consolidation.
Next resistance at 1.32, stop loss at 1.16.
Note
Stopped out after gapping down post result announcement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.