AREC trade ideas
American Resources (USA: $AREC) Ready To Rocket To New Highs 🚀American Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.
American Resources Corp (AREC)American Resources Corp (AREC)
The company has an average price target of $3.75.
possible targets on Daily Chart
GooDLucK
AREC is ready to explode The set up on the year chart is showing huge bullish breakout potential. Not to mention the company has recently positioned itself to be a major player in the refining process of rare earth. This is a key material necessary for the production of all of our technological advancements ( from EVs to smart watches, etc.) And not to mention, literally, GOING TO THE MOON! lol
American Resources OutlookI'm not a fan of penny stocks so buy at support.
Horizontal support line + Bullish trendline = Entry
American Resources (AREC)American Resources Taps Contract Miner to Operate Carnegie 2 Metallurgical Carbon Mine; Shares Up Pre-Bell
see chart for possible target
AREC Stuck In Traffic...againAREC caught a nice pop in daily trading volume over the last few days/week. But this 786 fib line remains a sticky area of traffic that is still a clear area of resistance on the chart.
This week has been a busy one for American Resources. Updates include progress on its battery recycling initiative with Purdue University achieving 99.5% purity of lithium, cobalt, and nickel. In addition, the company acquired additional mineral reserves for its Deep Mine at the Perry County Resources complex. These reserves include an estimated 10.1 million tons of mineral resources.
AREC Stock Forecast
Clearly, American Resources has become a part of the budding reopening trade. Thanks to global economies piping money into infrastructure redevelopment and new projects, raw materials are at the core of the supply chain. In light of this, would it surprise you that analysts are bullish? Right now, HC Wainwright’s Heiko Ihle has a Buy on AREC stock with a price target 80% higher than opening trading levels on Friday, which is $4.
$ARECAmerican Resources Corporation supplies raw materials for the global infrastructure marketplace. The company offers metallurgical coal and coal used in pulverized coal injection that are essential building blocks in the steel manufacturing process. It has a portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia. The company was founded in 2006 and is headquartered in Fishers, Indiana.
AREC looking to give us some gainsChart posted 6-2-2021 at 11:03am . The AREC bearish shark seems to have bottomed and I have been gettiing signals that it is going to come back up. Usually these patterns do not play out 100%.. the target is marked. Lets see what happens- Set ya stops! Market acting stupid today lol
$AREC Target 6.84 for 30.04% $AREC Target 6.84 for 30.04%
Or next add level is at 3.68 (So basically anywhere here is a good place to add I'm just waiting for some of my better performers to hit target so I can add here)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$AREC LongI post my ideas to hold myself accountable of my trades. You'd better trade on your own risk.
On weekly set up it has touched 20 ema which has been a strong support throughout the year. It is very likely that it will catch a momentum from here!
Swing Entry with minimum risk.
ADDED to $AREC yesterday Target 7.31 for 27.43% ADDED to $AREC yesterday Target 7.31 for 27.43%
Or next add level is pretty close at 4.18
Huge Range on this one, haha.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$AREC is gonna fall todayPupm&Dump trading strategy idea.
$AREC is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,46;
stop-loss — $4,88;
take-profit — $3,62;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
AREC: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 8
200MA ascending
250RSI above 50
Cons:
PPS could want to go back down to fill gaps.
Target:
PT = 13.21$
$AREC Announces Filing of SPAC Registration Statement$AREC American Resources Corporation Announces Filing of SPAC Registration Statement
$AREC Company's SPAC is targeting acquisitions in the land holding and resource industry, and will focus on advancing land and resource assets towards a modern-day business model of clean energy, recycling and redevelopment, and social impact.
$AREC today announced that American Acquisition Opportunity Inc., a special purpose acquisition company (the "SPAC" or "AAOI"), in which the Company has an indirect investment, filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") on February 4, 2021 in connection with a proposed initial public offering of its units.
The proposed public offering is expected to have a base offering size of $100 million, or up to $115 million if the underwriters' over-allotment option is exercised in full.
finance.yahoo.com
Acquires Exclusive Rights to Rare Earth Element InnovationsAmerican Resources Corporation Acquires Exclusive Rights to Purdue University's Rare Earth Element Innovations, Critical for Clean Energy Technologies.
An environmentally safer method of rare earth and other critical material separation and purification using ligand-assisted chromatography for coal, coal byproducts, recycled permanent magnets and Lithium Ion batteries.
Announced that, with the addition of Hasler Ventures LLC, the Company has licensed ligand assisted displacement ("LAD") chromatography patents and knowhow to further expanded its capability in environmentally friendly separation and purification of rare earth elements.
These exclusive patents and technologies, developed at Purdue University, are specific to the processing of separated and pure rare earth metals and critical elements from coal byproducts, recycled permanent magnets and lithium-ion batteries.
Rare earth elements (REEs) include the 15 elements in the lanthanide series plus scandium (Sc) and yttrium (Y). They are essential ingredients for magnets, metal alloys, polishing powders, catalysts, ceramics, and phosphors, which are important for high-technology and clean energy applications. The global REE market is estimated at approximately $4 billion dollars and growing at 8% per year.
finance.yahoo.com
$AREC :SmlCap play - Potential 40-50% upside from today's closesee boxes on chart for Entry, Exit and Stop loss zones.
$AREC is gonna fall todayPupm&Dump trading strategy idea.
$AREC is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,28;
stop-loss — $2,50;
take-profit — $2,06;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
American Resources Corp. Continuation Targets American Resources Corp. (Indiana) engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on its operation of coal mining complexes located primarily within Pike, Knott, and Letcher Counties, Kentucky and Wyoming County, West Virginia. The company was founded on October 2, 2013 and in headquartered in Fishers, IN.
American Resources Corp Targets American Resources Corp. (Indiana) engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on its operation of coal mining complexes located primarily within Pike, Knott, and Letcher Counties, Kentucky and Wyoming County, West Virginia. The company was founded on October 2, 2013 and in headquartered in Fishers, IN.
American Resource Corp Bullish $apecAmerican Resources Corp. (Indiana) engages in the extraction, processing, transportation, and distribution of metallurgical coal to the steel industry. It focuses on its operation of coal mining complexes located primarily within Pike, Knott, and Letcher Counties, Kentucky and Wyoming County, West Virginia. The company was founded on October 2, 2013 and in headquartered in Fishers, IN.
