AEM Agnico Eagle Mines Ltd

$AEM Stock 5 / 100 [Marathon] AEM, like the entire GDX sector, is still in a corrective phase. I believe all the large cap gold miners (NEM, AEM, etc.) should have a blow off top after this correction is over. For AEM I would target the 2.0 extension of Wave A which is around 370 (but it can always get stopped a little lower like 350 so beware of that possibility) Not done correcting yet *

$AEM Quality stock -probably best of the big miners. The next fast move could be to the downside, since gold and gold miners always are sold before (thats where we are?) and at the start of a general decline, but gold nearly always is first out of the gate again. Downside guess: to 150 +/-20, Upside to 300 +/- 50. timing: how should I know?

$AEM The buyback operation is happening in a few minutes — a 20-minute window from 1:40 to 2:00 PM ET

$AEM The short term cycle is scheduled to bottom this week. This bull flag, if the full value is realized, implies a target of 304$

$AEM $AEM.TSX $GDX Seems to me it's their turn to retreat in earnest now. I wouldn't be surprised to see them come all the way down to test the level where they brokeout. Roughly speaking, GDX 80, AEM 160, AEM.TSX 220