AR (NYSE) ABCD long PatternGreeting, everyone.
Welcome to this -first - idea about (NYSE) AR
After a -30% correction, a new ascending channel is forming the second leg for the possible ABCD trading Pattern.
I am expecting a $22 retest once more, to determine the direction of the price, but if the $22 resistance breaks, then a $25 is within limits.
If the resistance level holds, then a $15 support retest will be more likely.
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Thank you for your time
Of course, non of the above is financial advice, and I can not be held responsible for any losses - or profits.
Do Your Own Research first and always risk only as much as you can afford to lose.
