AEM SGD Stock Code AWX.SGX
Outlook
Price closed just above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud. MACD is bullish, with both lines above the zero line and is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $4.28 in the next 2-3 weeks.
Strategy
$3.85 Buy
$4.25 Price Target
$3.69 Risk Management Stop
3 weeks Trade Duration
