ENTRY STRATEGY:
1) Buy direct if daily forming higher high confirmation (see the close candle on 1 March 2021)
2) Buy on retracement zone (blue) on possibility of IHNS formation reversal probability
CHART:
1) 2021 - hyped by the market 300% upside
2) End of 2021 - break up trendline erased 70% of "bull-run in 2020)
3) IHNS formation might be able to provide...
Reversal appeared?
Head & Shoulder pattern signalling a reversal pattern. In this case, AEM already completed that pattern and has broken the neckline!!
TP 0.200? We shall wait and see!
Disclaimer: This is not a buy call but for learning purpose
Technical analysis
Trend: Short term trend is still sideway
Volume is OK
Potential rebound at trendline
www.tradingview.com
Pada pendapat saya AEM berada dalam aliran channel Uptrend yang cantik
MACD Histogram kembali Hijau
MA 7 telah cross MA 25
EP : 175-180
TP1 : 230
TP2 :245
TP3 :270
Cadangan Swing 1-30 hari
Ini adalah cadangan pembelajaran daripada saya. Boleh komen sekiranya ada pendapat yang berbeza.
Berbeza bukan bermakna kita berlawan tetapi berbeza...
High risk taker can consider this stock
Still in bullish trend
GC MACD crossed at negative area -> waiting it to be in positive area (above 0) for confirmation
EMA 7 and 21 about to cross
Maybe retrace till the support area before continue to climb up
Put in your watchlist and TAYOR
LT
LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND
ST
HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND
W&R bullish line = 0.210; bearish line = 0.170
NO TP & DIRECTION YET
In my opinion, don't take any action first until W&R reversal signal appear: either up or down.
There is no strong indicator for any direction. Still need some time to monitor.
