A higher low was formed at the price of around $27.30 and it is supported by the previous resistance of the retest and failure pivot in in March, April and May.
ARI can be seen to be on an uptrend, given the higher lows that it has been forming, and the breaking of the retest and failure pivot at around the price of $9.46. Entry point could be when the candle crosses the $9.46 mark as that could be a confirmation of the end of the retracement.
We see the stock fell in the period of February and March and now it is transiting in to an uptrend pattern. The chart has broken the downtrend line and failed to form a lower low. There was a retest and failure at the price of $35.25 in April and that resistance has been broken in June. We are now seeing a retracement on the chart, with the uptrend line...
We are seeing the chart forming a higher high after failure to form a lower. The down trend line and 50 SMA line were crossed and currently the price is being supported by the previous pivot point at $2.53. Will be looking for an entry for swing trade.
We can draw an uptrend line and find that the stock is currently approaching its higher low. We also see the 50 SMA on the daily acting on a support. I think it is a good buy area to ride the uptrend.