Stock Of The Day / 04.04.25 / AREB

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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.

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