Suggesting a reversal at the middle line of this dominant down channel in grey. This reversal is assisted by the inverted head and shoulders pattern, with the right shoulder being a bullish period of trading. (1) is the left and right shoulders (2) is the left and right arms (3) is the head
Bullish outlook for gains at 15.21, then 15.63 and 16.19. Invalidation at 14.00. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
* Good earnings * Strong up trend * Recently broke previous all-time-highs of Feb 2020 * Formed a tight consolidation for 7 weeks * Breaking out of the consolidation with higher than average volume * High relative strength in the Real Estate sector
Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE) debt-related investments for its own account. With the slight uptick in interest rates-ACRE has digested previous gains. There is a double bottom (thick black line beginning...
Strong earnings, high dividend yield, and strong uptrend, a combination that is hard to beat. Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE)-debt-related investments for its own account. It operates in two segments: principal...