vf_investment

ABR on an even stronger recovery from March

Long
NYSE:ABR   Arbor Realty Trust
Hello Traders!
Supported by ascending support, a MACD that has just crossed over the 9 EMA, an optimistic RSI, and the 50 SMA crossing over the 100 SMA, the price of ABR has just broken through a descending resistance. If you should still don't trust this extraordinary accumulation of strong bullish signals, wait for the price to cross over the 200 SMA, but such momentum isn't stopped easily. I am absolutely certain that the price will cross over the 11.77 support/resistance, and it will most likely reach the second goal at 13.57 with ease as well. The price reaching the 15.42 resistance will eventually happen, but most likely on the next rally.

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Please, maintain proper position sizing and risk management!

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