Text me if you have any questions/comments for me.
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ARB
- Previous analysis was done on 8 Oct - Suggested waiting for a successful breakout of counter-trendline before plotting half entry
- Since then, the stock has successfully broken out with above average volume
- If missed out on the recommended entry, current stock price is far from the short-terms support
- From the weekly chart, the stock looks to have had a successful technical rebound
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for retracement and successful rebound
-----
ARB
- Previous analysis was done on 8 Oct - Suggested waiting for a successful breakout of counter-trendline before plotting half entry
- Since then, the stock has successfully broken out with above average volume
- If missed out on the recommended entry, current stock price is far from the short-terms support
- From the weekly chart, the stock looks to have had a successful technical rebound
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for retracement and successful rebound