1-hour chart,
the stock
ARCC is trading in a channel, between support level at 22.4 and resistance level at 24.0
The technical indicators RSI, Stochastic are signalling a positive direction towards the upper line R.
Closing above 24.0 for 3 hours with high volume, the next target (TP - Take Profit) will be 25.6
(Fibonacci extension to 26.6)
Consider a stop loss below 22.2
the stock
ARCC is trading in a channel, between support level at 22.4 and resistance level at 24.0The technical indicators RSI, Stochastic are signalling a positive direction towards the upper line R.
Closing above 24.0 for 3 hours with high volume, the next target (TP - Take Profit) will be 25.6
(Fibonacci extension to 26.6)
Consider a stop loss below 22.2
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.
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.