AEM - Breakout, backtest, same old, same old
AEM on monday broke above highs at 68.93, which were seen for the last time almost NINE years ago (Sept 2011). Yesterday came the backtest of that resistance, today we have more positive followthrough. If you like bullish breakouts inside rising channels buy this one. If you like gold\gold miners buy this one. ATH come into play at around 87 bucks...
Full disclosure: long AEM at 1% of total assets, as a part of a divesrified gold\silver miners portfolio allocation.
Full disclosure: long AEM at 1% of total assets, as a part of a divesrified gold\silver miners portfolio allocation.
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