Antero
AR BuyLooking at a day trade position on AR, it's following my strategy entry requirements. This has very nice potential, I would however wait for solid entry confirmation. I'm waiting for the price to provide me confluence in the form of a bounce off the support with a candlestick pattern to follow it up. Ideally, id like the price to bounce off the support with a bullish engulfing pattern to support the move but it looks very solid even without those things. Price is also exhibiting some normal bullish divergence which adds to our list of confluences. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
Antero Resources Becoming BullishBuying and Selling Antero Resources at resistance and support. The stock price appears to be channeling between the purple lines. In addition, the stock price is moving along the 20ma after a pullback, once the stock price trade outside the upper bollinger band. Purchase between $3 and $3.60. Looking for a $4.50-$6 exit before a reload at the 20ma (in the coming weeks). IMO
The price bottomed at $.70 and ran to +$3 earlier in the year. Consolidated for several weeks and just finished the first leg of the second wave. Taking a look further back, the stock price appears to be making an inverse head and shoulders pattern. Thinking the price could see $8-$10 range heading into winter.
AR - DAILY CHARTHi, today we are going to talk about AR
We observe a D1, some important points. The details are highlighted above.
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