Market Context: AR has moved into a critical resistance zone, where price consolidation could occur before the next upward leg. This presents an opportunity to position for potential breakout gains.
Trade Details:
Entry Zone: Ladder between $23.00 and $27.00. Take Profit Targets: First target: $40.00 - $45.00 Second target: $70.00 - $80.00 Stop Loss: Set a deeper stop loss just below $20.00.
This trade anticipates consolidation within the resistance area, with a setup aimed at capturing substantial upside momentum.