AEM SGD Stock Code AWX.SGX
Outlook
Price has been moving in a horizontal movement since moving above the cloud. Price is likely to be supported by the cloud and the base line, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover, 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 $3.58 in the next 2-3 weeks.
Strategy
$3.15 Buy
$3.04 Price Target
$3.57 Risk Management Stop
3 weeks Trade Duration
