Thursday, November 29, 2018

AEM: Finally target hit.... More upside from here? Price 1.00




We have actually seen some profit taking near 1.00 with AEM trading lower back to support..


Has been holding above the 0.88 support over the past 2 weeks and seems like buyers were back to defend again..


Some upside targets were drawn last week and a potential rebound possible again..


Therefore, targets were reiterated again towards 1.00 as seen…




Over the past few days, we have indeed seen the move happened towards the 1.00 critical level..


Target hit for now…


Seeing some profit taking returning near 1.00 for now but awaiting more bullish price actions above 1.00 where upside target can be revised higher…


May be back to some consolidation below 1.00 before we seen an attempt to break it firmly again..


Watching…


We actually had a Bullish entry signal on the system RECENTLY….


Still NO EXITS as of now….


Let’s see where we are below……


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