Hedge against the Bears by buying Agnic Eagle Mines Limited

95
Watch the video, I basically used technical analysis of MA, RSI and TTM Squuze to determine that the direction is bullish on the daily, weekly, and monthly charts. Then coupled that with a 1.66 R:R ratio according to Gabriel's Kelly-based Risk to Reward Ratio. You can use levearge here such as option since the Implied Volatility is still around the 30% level, for futures you could use 2x etf if there is one I haven't check. Seasonality supports AEM until May 8 so there is a wind to fall back out if it falls with a bullish engulfing candle this Monday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.