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...
$AEM has been trading inside a parallel channel since Aug Yesterday we had a breakout on more than 3X 20MA volAvg MACD has crossed up , price trades above all major MAs Potential target around 90+ Good luck, TA
Like AEM if it can hold above the box. Will consider a pull back long entry from lower targets below box. Potential for massive move if it breaks ATH.
This was seen on the monthly chart Gold is booming. I am hoping for a pull back tomorrow Stop under mid cup level which is 54.60 or under handle low. Not a recommendation
AEM on monday broke above highs at 68.93, which were seen for the last time almost NINE years ago (Sept 2011). Yesterday came the backtest of that resistance, today we have more positive followthrough. If you like bullish breakouts inside rising channels buy this one. If you like gold\gold miners buy this one. ATH come into play at around 87 bucks... Full...
AEM is trying to break out Stock on weekly and monthly long term is not in a solid up trend with a high in last 20 years at 88.2 I am not in this one and not recommending it. Like NEM, KL, Rgld, a lot has to do with gold and how it decides to move. Some say it will or is. I prefer a gold etf but I do own NEM and I have owned KL/wish I did now..LOL AEM is riding...
Hey traders, AGNICO EAGLE MINES LTP is in a contraction zone, it is going to break from the bottom and come back up thanks to the buyers. Please LIKE & FOLLOW, thank you!
Hello, Be sure to comment, follow, like, and check out my profile for more trade ideas! What is AEM? Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico Eagle has full exposure to higher gold prices consistent with its...
A strong breakout with high volumes, above the red resistance, would fuel up and resume the current rally.
Long entry above box into targets or pull back long entry from lower targets. Can be shorted below box into lower targets, but I am focusing long going into next week. May need some time to digest the big move the last few weeks.
If you like this idea please show support with a like. I do not advise taking any of my trades, because of the risk. I am not a financial advisor and i am not responsible for any of your losses / profits. This analysis is purely for entertainment purposes and represents an idea what could possibly happen with the direction of the stock. If you have any kind of...
Hello people, Agnico eagle developed a downward abc structure after a upward trend. It reached nearly the 61% Fibo. So the price can go up. May the force be with you.
NYSE:AEM is punished after earnigns release this morning. However good level to attempt low risk entry as price is at major support zone right now.