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Saturday, November 16, 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.

 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. 


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