AAREIT - Trade Ranging Bounce
Price bouncing between 2 green lines since sept 2023.
Now back at the area of support at $1.24
Price has to close at $1.26 or above today to break the bearish trendline. At that price, the potential ROI is 5.53% at $1.33, or 8.73% at $1.37
Possible trade if closed at $1.26 today:
Stop loss if price closed below $1.24
Now back at the area of support at $1.24
Price has to close at $1.26 or above today to break the bearish trendline. At that price, the potential ROI is 5.53% at $1.33, or 8.73% at $1.37
Possible trade if closed at $1.26 today:
- Buy at $1.26
- Sell and take back capital at $$1.33, and let the rest roll and see if it can get extra profit at $1.37 area.
Stop loss if price closed below $1.24
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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.