AEM - Possible Reversal with IHNS FormationENTRY STRATEGY:
1) Buy direct if daily forming higher high confirmation (see the close candle on 1 March 2021)
2) Buy on retracement zone (blue) on possibility of IHNS formation reversal probability
CHART:
1) 2021 - hyped by the market 300% upside
2) End of 2021 - break up trendline erased 70% of "bull-run in 2020)
3) IHNS formation might be able to provide reversal of this stock with significant momentum
4) EMA compression
NEWS:
- PNEPCB glove factory built by AEM (possible to pair this stock with PNEPCB stock movement)
Thanks to @aziehan1 one of my student that spotted this right through his eyes nakedly. From his perspective possibility of IHNS formation 75-80% probability of success. Yeah..maybe he is true - who knows, right?
I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.
-Heil_Z-
# Are-snuff Traders Club
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AEM trade ideas
AEM Swinger www.tradingview.com
Pada pendapat saya AEM berada dalam aliran channel Uptrend yang cantik
MACD Histogram kembali Hijau
MA 7 telah cross MA 25
EP : 175-180
TP1 : 230
TP2 :245
TP3 :270
Cadangan Swing 1-30 hari
Ini adalah cadangan pembelajaran daripada saya. Boleh komen sekiranya ada pendapat yang berbeza.
Berbeza bukan bermakna kita berlawan tetapi berbeza menjadikan kita semakin maju ke hadapan.
Trade At Your Own Risk!
Sila Like, Share, Komen, Cheer!
Terima Kasih
WILL AEM GO UP OR DOWN?LT
LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND
ST
HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND
W&R bullish line = 0.210; bearish line = 0.170
NO TP & DIRECTION YET
In my opinion, don't take any action first until W&R reversal signal appear: either up or down.
There is no strong indicator for any direction. Still need some time to monitor.
{SWC}—— AEM, Bull Momentum Thank you for your continued support!
Strategy: Bull Formation Analysis
Bias: Bullish.
AEM made a successful breakout from the triangle consolidation zone and continued its momentum.
Momentum Chips (red chips) show a positive signal.
Resistance: 0.250, 0.280, 0.300
Support: 0.200, 0170
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