ARB @ 4 NOV 2021
Text me if you have any questions/comments for me.
-----
ARB
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry
- Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded
- Today’s gap up and above average volume is a very good sign for the stock
- If you didn’t entry before this, the share price is currently quite far from the short-term support
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current price if comfortable with potential retracement
-----
ARB
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry
- Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded
- Today’s gap up and above average volume is a very good sign for the stock
- If you didn’t entry before this, the share price is currently quite far from the short-term support
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current price if comfortable with potential retracement
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.