Just last week, we spotted some nice reversal actions with AEM about to approach the key resistance at 5.70….
It was then at about 5.38 and we were expecting a move up eventually with it testing that key level..
Seems like we saw that over the past few days end last week…
1st target has been hit last week and even our 2nd target at 6.50 has been hit today with it trading to a high of more than 7.00…
Selling seen near 7.00 for now and a retracement down.... Normal, given the run we had experienced over the past week…
See targets that were sent last week…
We also saw something nice on the system recently…
We actually had a bullish exit last month on the previous bullish entry signal….BUT….
Just last week, on 20 Feb 2018, we had another new Bullish Entry signal…. Specifically a 1GT bullish entry signal…
Before the rally began till above 7.00 today and profit taking happened….…
No exits for now….
It may consolidate from 6.40 to 7.00 first before more directions…. Quite a nice run indeed…
Uptrend still looks pretty intact above 6.40 now..
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