AREX is gaining value and is a great chance for penny stock traders to make money. there was no way to tell if it was gonna breakout (or at least at my skill level) but there is still a good chance that you guys can make money. tell me what you think and have a nice weekend!
AREX is forming a short term bull flag with a 2.98 entry, 2.89 stop loss, and 3.10-3.20 profit target. Fueled by an up trending market this one could run much farther as news comes in about OPEC/non-OPEC Countries agreeing on production cuts to lift prices.