AEM SGD Stock Code AWX.SGX
Outlook
Price was capped by its price resistance zone after forming a possible price top at S$4.02. It broke and closed below the base line support, hinting at more downside ahead. There is a bearish MACD crossover and the MACD is heading lower. We are likely to see price continuing its downward momentum to move lower.
Strategy
$3.78 Sell
$3.53 Price Target
$3.95 Risk Management Stop
3 weeks Trade Duration
