Agnico Eagle Mines Ltd T.AEM

Technical Analysis

[retiredcf]

WAIT

Agnico-Eagle Mines(AEM-T)

04/04/2023

 

Is approaching $78 resistance, and shares are popping 5% today. The underlying trend is good, though. Be patient. This current move is parabolic. Look at this space in May-June, not now.

Precious Metals

 

Hap (Robert) Sneddon FCSI

$74.220

Unknown

[Consvestor]

I wouldn't wait too long.  Decent chance that gold goes through its all time highs soon.  Once that happens, AEM could easily go up another $10 to $15 from here.  GLTA

[E30S14]

A pullback for AEM at some point is to be expected. But this one is a keeper. AEM has helped me maintain my sanity, while many of the juniors I've sunk money into continue to feces the bed.

[Stratocheif]

That's the dilemma investors face. Go with the seniors, have more stability but gains limited to a double or so. Go with the juniors and you can hit a 10 bagger or more. But with a junior you are out on a limb no doubt. I learned that lesson well over many years but most painfully during the covid crisis. I had invested in a number of junior oil producers. I had 5 of them go bankrupt and I