𝐀𝐄𝐌 - 𝐈𝐬 𝐓𝐡𝐞𝐫𝐞 𝐌𝐨𝐫𝐞 𝐋𝐞𝐠𝐬 𝐓𝐨 𝐓𝐡𝐢𝐬 𝐑𝐚𝐥𝐥𝐲? (𝐎𝐫 𝐈𝐬 𝐈𝐭 𝐎𝐕𝐄𝐑?)

Slightly more than a month back, I shared a video on AEM where i talked about how there could potentially be 𝐦𝐨𝐫𝐞 𝐮𝐩𝐬𝐢𝐝𝐞.. 🆙

I mentioned why this stock was one of my 𝐅𝐚𝐯𝐨𝐮𝐫𝐢𝐭𝐞 𝐒𝐆 𝐓𝐞𝐜𝐡 𝐜𝐨𝐮𝐧𝐭𝐞𝐫𝐬 as we spotted some bullish actions..

We were then trading at about 3.60 and some upside targets were reiterated again. ️🎯

Joey here, Top Tier Remisier in Phillip Securities.

Fast forward to now, it seems like we have already breached those targets.

BUT the thing is,

Some 𝐏𝐑𝐎𝐅𝐈𝐓 𝐓𝐀𝐊𝐈𝐍𝐆 returned! 😬😬

and we are pretty much back to some 𝐬𝐢𝐝𝐞𝐰𝐚𝐲𝐬 𝐜𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐧𝐨𝐰 over the past 3 weeks.

Not much actions I would say.

So the question is:

"𝐂𝐚𝐧 𝐭𝐡𝐞 𝐔𝐩𝐭𝐫𝐞𝐧𝐝 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐅𝐮𝐫𝐭𝐡𝐞𝐫 𝐨𝐫 𝐒𝐞𝐥𝐥𝐞𝐫𝐬 𝐚𝐫𝐞 𝐈𝐧 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐚𝐥𝐫𝐞𝐚𝐝𝐲?" 🙆

Well, it depends if we can hold above some of the 𝐍𝐄𝐖 𝐇𝐈𝐆𝐇𝐄𝐑 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 level.. 💪

Watch this video recorded 26 Aug 2020 as the market trades live to see what this KEY LEVEL is and also,

an interesting characteristic about this counter that we always see..

(Hint: It is How it Consolidates before the next up move!) 🕵️

𝐖𝐚𝐭𝐜𝐡 𝐇𝐞𝐫𝐞 >> https://youtu.be/uF2vNNXpmcs