Desicion to Buy. Entry Price = $52.85. Target Price=$54.15. Stop Price=$51.85
Good morning!! Here we have a probability of uptrend.We have a purchase probability . However , if the resistance line is broken thus causing a pull back we can switch to buying. Thanks! TSX:AEM
In terms of technical analysis, gold and silver stocks appear to be preparing for medium-term growth.
Agnico Eagle Mines Ltd. (AEM) Limit buy - 57,1 Target - 60,30 Risk/Reward Ratio - 4,0 Stop-loss -56,30
NYSE:AEM Long idea for Agnico Eagle Mines as price of gold recovers, albeit slower than my expectations. Nevertheless, gold price recovery narrative is still in place and you start see some miners reverse their downtrend. One of these is Agnico Eagle Mines. On the daily chart, we can see bullish momentum in the positive and negative directional indicators.
Backtest of downward trendline. Price around weekly chart support
Chart pattern: Bull Flag Entry: 76.70$ Stop: 54.50$ Target: ~112-150$ Risk/Reward-Ratio: > 1.5:1 Stopmanagement: Parabolic SAR weekly chart default settings
The PEAD projected a bearish outlook for $AEM after a negative under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Agnico Eagle Mines ( NYSE:AEM ) is the gold mining company that I picked as a long-term investment over many other miners such as Equinox and Barrick Gold. I picked it based on which countries have USD Swap Lines , an idea explained by Katusa Research in one of his videos on YouTube. I will explain it briefly here. A USD swap line is an open channel between the...
The consolidation phase (with declining volume) will end soon IMO, I expect a continuation.
AEM - It is correcting within 2nd subwave which may go down slight more to complete the 2nd subwave of further impulse up. Stay bullish near 67 level with stop level below 62.30 for target above 80 as 3rd wave or 92 as the final sequence up. Give thumbs up if you really like the trade idea.
$AEM posted lower than expected earnings with the PEAD projection a neutral outlook for the stock as price is currently trading close to the upper boundary. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
I am buying the October 16 $80 calls at $2.35. finance.yahoo.com "Sell calls if price hits 81.60" is my target. I'll post profit or loss (%) by or before October 16 options expiration.
Gold mining stocks are set to pop sometime this week or next. AEM is, in my not-so-humble opinion, the best of the bunch when you compare top and bottom lines. However, the only bottom line that matters is that this stock is in the middle of its cubed-third wave on the daily timeframe, and in the middle of its quartic-third wave on the weekly...