CFD Trading – Buy AEM SGD (AWX.SGX) @ $4.45. Stop @ $4.35 and Target @ $4.70.



Price reached a high of $4.71 on 26 August 2022 and has been in a decline. The decline has stopped at the edge of the gap support and we think the correction could be coming to an end. A Doji candlestick price pattern, in the previous trading session, hinted a possible price low and a potential reversal. Conversion line and Base line remained in a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD remains bullish. We think price could be heading towards the previous high at $4.71 again in the next 2-3 weeks.


$4.45                 Buy

$4.70                 Price Target

$4.35                 Risk Management Stop

3 weeks              Trade Duration

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