ARQL has continued to trend UP since $1.48 in FEB. This closed at $3.39 on Friday and with $3.40 in after hours
This stock is not only over bought but has continued to surge in volume as well as. This stock looks like it can maintain the trend. Have entered this stock at $2.6 and exited at $3.6. I am looking to re-enter this as well. Continually closing above the 50 day moving average which is currently $2.73 which is a good indication it is moving in the UP trend direction.
ADX is currently at 26 still above the 25 mark that most traders look for when looking at ADX. DMI+ is above 33 and DMI- is above 12.
Current Price levels for support and resistance are -
Entry/ Support $3.06/$3.19/$3.27 Pivot $3.39 Resistance $3.56/$3.65/$3.72/$3.89. I am looking to enter this above $3.39.