American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West...
The set up on the year chart is showing huge bullish breakout potential. Not to mention the company has recently positioned itself to be a major player in the refining process of rare earth. This is a key material necessary for the production of all of our technological advancements ( from EVs to smart watches, etc.) And not to mention, literally, GOING TO THE MOON! lol
AREC caught a nice pop in daily trading volume over the last few days/week. But this 786 fib line remains a sticky area of traffic that is still a clear area of resistance on the chart.
This week has been a busy one for American Resources. Updates include progress on its battery recycling initiative with Purdue University achieving 99.5% purity of lithium,...
American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West...
Chart posted 6-2-2021 at 11:03am . The AREC bearish shark seems to have bottomed and I have been gettiing signals that it is going to come back up. Usually these patterns do not play out 100%.. the target is marked. Lets see what happens- Set ya stops! Market acting stupid today lol
$AREC Target 6.84 for 30.04%
Or next add level is at 3.68 (So basically anywhere here is a good place to add I'm just waiting for some of my better performers to hit target so I can add here)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every...
I post my ideas to hold myself accountable of my trades. You'd better trade on your own risk.
On weekly set up it has touched 20 ema which has been a strong support throughout the year. It is very likely that it will catch a momentum from here!
Swing Entry with minimum risk.
ADDED to $AREC yesterday Target 7.31 for 27.43%
Or next add level is pretty close at 4.18
Huge Range on this one, haha.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to...
Pupm&Dump trading strategy idea.
$AREC is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,46;
stop-loss — $4,88;
take-profit — $3,62;
Do not view this idea as a recommendation for trading or investing. It is...
Hi all, 7pm update for stock arec can be bullish ATM/ Short-term, if brk above resistance red line a bo can follow . Due to my busy schedule , i may not able answer questions. Charts are my opinion only 🚫 NEVER use as trading advise dyr pls.
#1. Atm=SHORT-term ,n for chart updates Must join my monthly PAID tg group .
#2. Chart tutorial. Must wait for All in1...
Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 8
200MA ascending
250RSI above 50
Cons:
PPS could want to go back down to fill gaps.
Target:
PT = 13.21$
$AREC American Resources Corporation Announces Filing of SPAC Registration Statement
$AREC Company's SPAC is targeting acquisitions in the land holding and resource industry, and will focus on advancing land and resource assets towards a modern-day business model of clean energy, recycling and redevelopment, and social impact.
$AREC today announced that American...
American Resources Corporation Acquires Exclusive Rights to Purdue University's Rare Earth Element Innovations, Critical for Clean Energy Technologies.
An environmentally safer method of rare earth and other critical material separation and purification using ligand-assisted chromatography for coal, coal byproducts, recycled permanent magnets and Lithium Ion...
