Tuesday, October 22, 2019

AEM - Ready for Breakout



Eversince we called a bottom to  AEM on 3 June here :

https://finchartsniper.blogspot.com/2019/06/aem-bottomed-out-today-should-rally.html

AEM had risen from 85c to a supply zone of around $1.24  then went through the usual absorption process.  Now , i think we are ready for a strong breakout of a very long accumulation process that started in mid 2016 , more than 3 years ago .  ( see yellow ellipse in AEM chart  above ) 

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