ARB
- Previous analysis was done on 2 Sep - Suggested waiting for a successful rebound to around 54 levels
- After slowly retracing to the short-term support, today’s price action is the first sign of a technical rebound
- From a technical perspective, a successful rebound would be around 54 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful rebound to around 54 levels if believe the stock is capable of creating new all-time highs
- Previous analysis was done on 2 Sep - Suggested waiting for a successful rebound to around 54 levels
- After slowly retracing to the short-term support, today’s price action is the first sign of a technical rebound
- From a technical perspective, a successful rebound would be around 54 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful rebound to around 54 levels if believe the stock is capable of creating new all-time highs
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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.
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.