ARDAGH GROUP S A

ARD NYSE

A_Swissa

acsending triangel breakout

TaPlot

I posted about NYSE:ARD consolidation ascending triangle chartpattern a week ago. Today, the stock closed well above its 200 MA and at the same time close above pattern horizontal resistance line. Chart from last week is here

LeLaf

Ascending Triangle Pros Excellent above 11 R/R ratio Descending Volume PPS above 50MA Cons PPS below 200MA 200Ma descending ATR descending If Confirmed PT1 = 16,46 PT2 = 18,09 PT3 = 20,02 PT4 = 20,76

TaPlot

NYSE:ARD has been consolidating for 3+months carving out an Ascending Triangle chart pattern. Clearing the horizontal resistance triangle and closing above it on a daily bases will also clear the 200 day moving average that has been acting as resistance adding to the validity of the chart pattern breakout. volume pattern also support higher prices.

zukedu

Tight consolidation on the EMA and near resistance line allows for tigher stop lost and higher probably breakout. DISCLAIMER. This post is for educational purposes only and should not be construed as investment advice. Your use of the stock observations is entirely at your own risk and it is your sole responsibility

HAFN_AI_analitics

The relative stock analysis index is 85.8 - high probability | min. S/L = 2.85 | syng. long Target 18.93 Open 17.20 Stop 16.69 R/R Ratio: 3.57 Time: till 06.09.19 Analysis based on the result of the system. The sygnal is generated by the 722_DHI_HAFN_AI_robot.