Current Situation:
Trend: AR is on a strong and healthy uptrend.
Recent Action: The price has retraced and found support at $38.911.
Trade Strategy:
Entry Point: Enter a long trade above $38.911.
Take Profit Targets:
First Target: $43.850
Second Target: $49.856
Third Target: $56.019
Stop Loss: Set at $36.00 to manage risk.
Summary:
AR is in a robust uptrend and has retraced to a key support level at $38.911. Entering a long trade above this support, with profit targets at $43.850, $49.856, and $56.019, provides a clear plan for capturing potential upside. A stop loss at $36.00 helps manage downside risk effectively.
Trend: AR is on a strong and healthy uptrend.
Recent Action: The price has retraced and found support at $38.911.
Trade Strategy:
Entry Point: Enter a long trade above $38.911.
Take Profit Targets:
First Target: $43.850
Second Target: $49.856
Third Target: $56.019
Stop Loss: Set at $36.00 to manage risk.
Summary:
AR is in a robust uptrend and has retraced to a key support level at $38.911. Entering a long trade above this support, with profit targets at $43.850, $49.856, and $56.019, provides a clear plan for capturing potential upside. A stop loss at $36.00 helps manage downside risk effectively.
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.
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.