TomProTrader
Long

ARES Broken Out Of A Range, Continuation?

NYSE:ARES   ARES MANAGEMENT CORPORATION
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1
Broken out of a long term range, And also a short term one, both are represented on the chart here. I'm happy to buy above the thin yellow rectangle as represented on the chart.

You could have bought agressively on the Friday too, if your style of trading is more aggressive. But I'm waiting for a full resistance break, including the tails seen at the beginning of the consolidation before i'm convinced

Inside the long term "frying pan bottom, rounded bottom" there is also an internal wave pattern.
Are we to go up?

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