$ARIS VCP Pattern - Waiting for BreakoutNYSE:ARIS is continuously making higher highs and higher lows on the daily and weekly charts. Volume has also been increasing. Expect a surge once it breaks $35.
ARIS trade ideas
Aris Water (ARIS): Water Management Drives Market GrowthAris Water Solutions, Inc. (ARIS) is a leading environmental services company specializing in water recycling and infrastructure solutions for the energy industry. By providing sustainable water management, Aris helps oil and gas producers reduce their environmental footprint and optimize water usage. As industries focus more on sustainability and regulatory compliance, Aris continues to expand its operations, making it a key player in water conservation and management.
The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens.
Using a trailing stop helps traders secure profits while managing risk. By setting stops based on Fibonacci levels, traders can stay in the trade as long as the stock trends higher while protecting gains if momentum slows. This approach prevents early exits while ensuring profits are locked in if the stock reverses.
Setup: ARISARIS : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP), then using the close below the 10SMA as my trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
ARIS Becomes Buyable Clearing An Early Turn Pivot PointNYSE:ARIS had a nice set-up and moved through its' pivot today. Looks like it found resistance at the 50 but it's still above the pivot for the time being. Nice volume on today's move.
ARIS - A water company consistently rising LONGARIS on the daily chart is consistently rising with big earnings beats both
in the past month and early May. The ZL MACD is curling up towards a cross
of lines under the low amplitude histogram. The dual time frame RS indicator
shows consistent lines above the 50 and the lower TF line in green above
the higher TF line in black. Stock is 20% higher in 3 months a decent return for
a utility stock while the market is in chaos possibly teetering on a crash.
Utility stocks are slow and steady with a low beta and lack of general market
responsiveness. I will take along stock trade here and check as to the possibilities
for a call option.
ARIS ForecastARIS continues to have support around $15.40. Multiple occurrences can be seen on the chart over the past five to six months. It's sector is one of the highest performing in that time frame as well. Look for a breakout over the long-term.
US Stock In Play: $ARIS$ARIS - Utilities | Regulated Water
Utilities is the 2nd best performing sector over last 6mths (after Energy). also the only 2 sectors that remains on +ve on past 1 yr
$ARIS microcap name, strong U/D Vol Ratio. recapturing $22 ATH looks imminent, for a overhead resistance BO
ARIS - LongLong on ARIS -
Contracts with leading oil companies (Chevron / Conco etc.)
Recent IPO with IPO price serving as Support
Oil Stabilising around 90-100 $ / Barrell
EBITDA +54% YOY
No Long term debt
EMA Upward trend
Tight stop as always
ARIS, Environmental Play breakout on Oil IndustryPivot: 19.60
Avg Cost: 20.12
Stop: 18.65
Risk: 4.85 From correct pivot.
Position Size: 8K (Half of "Positioning"), Moved fast from the pivot and couldn't fill my position. Im not chasing on this market. My risk model changed from Defensive to Positioning on the view that we may still get a bit more of this bear market rally until we find resistance when main indexes find resistance on declining moving avarages like 50 day. 14% invested. Will try to get more invested if I can find more good breakouts. Im not in a hurry. Open positions are working good for now. My equity curve on USDs is at ATH.
$ARES1.5 Fibo broke.
Already entered last week.
if good close today will add some tomorrow.
target 23.5+
ARIS New All Time HighsARIS Made a New All Time High on Friday
Clean Base Breakout
10 Week Long Base
Huge volume on Breakout
This stock has all the potential to be a Multibagger
Institutional Ownership: 97%
Measured Target: 24.50 & 29.50
$ARIS ready to move higher?* Nice up trend
* Resisted the current bear market really well
* Looks good on all time frames
Technicals:
* Sector: Utilities - Utilities - Regulated Water
* Relative Strength vs. Sector: 3.09
* Relative Strength vs. SP500: 13.1
* U/D Ratio: 1.06
* Base Depth: 24.41%
* Distance from breakout buy point: 0.1%
* Volume 72.3% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just breaking out of its base
* Or if you're looking for a better entry you can look for one around the $18.19 area as that should serve as a level of support.
* Looking at $XLU it does seem like Utilities are ready to move higher and ARIS seems to be a leader in this space.
$ARISAris need to break the horizontal line on top. New IPO stock. Trading higher range last few weeks.
Looks strong in this low buy setup markets.
Need to close above 19.25 and open above too.
$ARIS IPO Setup$ARIS an IPO that is looking as good as they come in bear markets. One to add to your list and keep a close eye on.
US Stock In Play: $ARIS$ARIS - pretty interesting to see a new IPO name that could trend for most of 2022, closing at ATH after a bad week for the general market
$ARIS IPO Setup$ARIS is another IPO holding up well. great 2022 earning estimates.
Put a shakeout on that $13 level and been putting higher lows since then (green arrows).
Making it to my Primary watchlist for next week.
