04.04.2025 /
AREB #AREB
Fundamental. Increased media activity of Andy Ross CEO of American Rebel Holdings.
Technical analysis.
Daily chart: A protracted downtrend, the stock is trading near the historical minimum. There is a possibility of a Short Squeeze.
Premarket: Gap Up on increased volume.
Trading session: After an unsuccessful attempt to break through the 6.0 level downwards, the price turned around and formed an uptrend. We observe a price tightening to the 9.0 level against the upward trend with a very clear hold of the level in the interval from 10:30 am to 11:30 am. We consider a long trade to continue the upward movement in case the tightening structure is broken upwards.
Trading scenario: pullback along the trend (false tightening) to level 9.0
Entry: 9.89 aggressive entry on the breakout of the tightening structure and exit upwards on increased volume.
Stop: 8.89 we hide it below the level with a small reserve.
Exit: Close part of the position around 14.90 when a reversal candlestick pattern appears (RR1/5), close the remaining part of the position on the impulse with increased volume (RR 1/10).
Risk Rewards: 1/10 max
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
Fundamental. Increased media activity of Andy Ross CEO of American Rebel Holdings.
Technical analysis.
Daily chart: A protracted downtrend, the stock is trading near the historical minimum. There is a possibility of a Short Squeeze.
Premarket: Gap Up on increased volume.
Trading session: After an unsuccessful attempt to break through the 6.0 level downwards, the price turned around and formed an uptrend. We observe a price tightening to the 9.0 level against the upward trend with a very clear hold of the level in the interval from 10:30 am to 11:30 am. We consider a long trade to continue the upward movement in case the tightening structure is broken upwards.
Trading scenario: pullback along the trend (false tightening) to level 9.0
Entry: 9.89 aggressive entry on the breakout of the tightening structure and exit upwards on increased volume.
Stop: 8.89 we hide it below the level with a small reserve.
Exit: Close part of the position around 14.90 when a reversal candlestick pattern appears (RR1/5), close the remaining part of the position on the impulse with increased volume (RR 1/10).
Risk Rewards: 1/10 max
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
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.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
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.