ACRE Inverted H&S at Middle LineSuggesting a reversal at the middle line of this dominant down channel in grey.
This reversal is assisted by the inverted head and shoulders pattern, with the right shoulder being a bullish period of trading.
(1) is the left and right shoulders
(2) is the left and right arms
(3) is the head
ACRE trade ideas
Ares Commercial Battling Upwards. ACREBullish outlook for gains at 15.21, then 15.63 and 16.19. Invalidation at 14.00.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
ACRE: Double Bottom With Upside Move ?Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE) debt-related investments for its own account.
With the slight uptick in interest rates-ACRE has digested previous gains.
There is a double bottom (thick black line beginning August 12th) with a possible upside move.
Please consider the positives in the chart of-ACRE.
1. Buy Fractal (green box).
2. CHOP line (below chart) sinking out of the shaded area, below 38.2, indicating a new TREND.
3. CHOP ZONE, below CHOP, is green, indicating up trend.
4. The alligator, YOUR COMPASS, is feeding in the uptrend.
5. The Ichimoku Cloud (black) base line and (red) conversion line are both rising.
6. Prices are above both of these lines.
7. The three indicators on top are strong. The middle top indicator is-DMI, and the dominant move is green (up) and the black line (trend) is starting to rise. This confirms the CHOP indicator below the chart.
In my opinion, this stock is a strong buy. Good luck to you. Don.
ACRE: Ares Real Estate, Strong Earnings & Trend, High DividendStrong earnings, high dividend yield, and strong uptrend, a combination that is hard to beat.
Ares Commercial Real Estate Corporation is a specialty finance company. The Company is focused on directly originating, managing and servicing a portfolio of commercial real estate (CRE)-debt-related investments for its own account. It operates in two segments: principal lending and mortgage banking. Its target investments include senior loans, bridge loans, subordinated debt, preferred equity and other CRE-investments.
Earnings: On 8/4/2016, ACRE reported 2 quarter 2016 non-GAAP earnings of $0.31 per share. This result beat the $0.27 consensus of the 8 analysts covering the company.
The dividend yield is 8.28%, or $.26 per share.
Let's look at my TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach:
1. The Ichimoku Cloud is rising as well as the 89 day moving average . 2. Prices have risen FAR above the cloud. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line.
4. The thick red conversion line is also rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud.
6. The indicator on the top of the page is RSI / Stochastic , and this is strong, (consolidating, heading to oversold). 7. The top middle indicator is vortex and it is neutral at the moment (red over green, consolidating). 8. The Top (bar-type) indicator measures the "phase energy" of the stock , and this is STRONG. It has been mostly ABOVE THE ZERO LINE since February, indicating buying pressure. 9. The green fractal arrows are up (not shown).
10. Look to the far right on the chart, around $12.50. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are closing. This is where I ask you to use your imagination and envision these three items as the "closing jaws of a sleeping alligator". When awakened, I believe the trend will resume its upward march. This is a very solid stock with a strong uptrend.
My advice is to accumulate on weakness. Remember: The trend is your friend.
Good luck to you. Don.