$AEM SGD(AWX.SI)$  

 AEM - Indeed she had managed to rise up to test 1.45 and closed well at 1.43 level coupled with quite a high volume she may likely rise up to retest 1.48 and above.

Beyond 1.48 we may see her rising up further towards 1.55 than 1.60!

Pls dyodd.

17th November 2024:

AEM - Chart wise, she may likely rise up to test 1.43 the recent high, a nice breakout smoothly plus good volume we may see her rising up further towards 1.55.

Quote :

AEM Holdings 3QF2024 results update managed to trim its losses to $917,000 from $1.52 million incurred in the year-earlier as it enjoyed a more favourable, better margin product mix. This despite a 6.5% y-o-y drop in revenue to $74.2 million.

AEM has revised its revenue projection for 2HFY2024 ending December to between $190 million and $210 million, a slight improvement from its previous guidance of between $160 million and $180 million.

I think is a positive development!

12th November 2024:

AEM - Spotted some buying activities today that saw the price edging up 8 cents to 1.38 looks rather interesting! The volume seem quite high which is a positive signal! If she can stay above 1.37 and rises up further to 1.48 we may see a reversal trend.

Crossing over 1.48 smoothly, she may continue to rise up to cover the Gapped at 1.55 to 1.60.

Pls dyodd.

 https://sporeshare.blogspot.com/2024/11/aem-indeed-she-had-managed-to-rise-up.html

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  • popoz
    ·11-20 10:10
    TOP
    bullish too, but fibonnaci chart needs to be drawn for the potential pull back too. base building likely at 1.38 to 1.42 levels till year end
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    • Sporeshare
      OK noted thanks!
      11-20 12:23
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    • AL_Ishan

      thx for ur sharing, do you have any hedging strategies?

      11-20 10:40
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  • icycrystal
    ·11-20 11:03
    TOP
    thanks for sharing
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    • Sporeshare
      you are welcome
      11-20 12:24
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