ARB @ 4 NOV 2021
Text me if you have any questions/comments for me.
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ARB
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry
- Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded
- Today’s gap up and above average volume is a very good sign for the stock
- If you didn’t entry before this, the share price is currently quite far from the short-term support
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current price if comfortable with potential retracement
-----
ARB
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry
- Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded
- Today’s gap up and above average volume is a very good sign for the stock
- If you didn’t entry before this, the share price is currently quite far from the short-term support
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry at current price if comfortable with potential retracement
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