AEM – [ Up Over 10% In A Week Since Our Blog Post, Time To Be Cautious? ]
Chart Source: Poemsview 23rd Oct 2019
AEM continues its impressive rally moving up over 10% since our blog post. In our previous post just last week, we mentioned that we’re looking at AEM for it to break its strong resistance of $1.23 and true enough it did moving to $1.29 and even to a day high of $1.40.
From the chart we drew, AEM might be facing resistance very soon at around $1.42 level and it might be wise to book some profits and see how it goes after that. We’ll use the 5ema as a guide for further exit point.
We hope our readers managed to learn and capitalize on our explanation on our trading blog!
Contact Us if you would like to know more about AEM
Yours
Humbly
Kelwin&Roy
