Get started
EquityCast

Agnico $70+ Price Target

Long
Agnico Eagle Mines Limited (NYSE:AEM)  
EquityCast  
NYSE:AEM   Agnico Eagle Mines Limited
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Weekly Chart is forming a cup and handle.

The Conservative Math (Log Scale Chart):

Cup Floor: 40
Cup Top: 55.5
Cup Height: 15.5
Implied Price Target: 55.50+15.5 = $ 71

If you zoom out you'll notice the price target just so happens to be the top of a prior trading range.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.