Long | ARRNYSE:ARR
Possible Scenario: LONG
Evidence: Price Action
TP1~ 14.5
TP2~ 19
11$ is strong support, it consolidated at this level for a long time
It looks break-out happened, 40% profit potential.
This is my idea and could be wrong 100%,
ARR
ARR Buy OpportunityIf price breaks the 38.2 Fib level which is also a trendline break, the next level of resistance is at 16.08 with a potential pause at the 61.8 Fib level. This is also a good ETF to own because the dividend is yield is 11.59%.
American Rare Earths: ARR.AXWatchlist
Price broke and retested previous resistance on volume
Watch if price can consolidate above 4.4 on dropping volume
Ascending triangle pattern
Trading above 21EMA
