AR is attempting to base after a steep selloff from the $44 level. Over the past few sessions, price has found stability above the anchored VWAP (yellow line) and printed multiple higher lows. Today’s close at $33.82 brings it right up against the recent short-term resistance near $34.
Volume is steady (5.52M vs. 5.82M average), suggesting balance between buyers and sellers. A confirmed breakout above $34 with volume could trigger a move toward the $36.50–37 range, where the next anchored VWAP (red) and declining 20 EMA reside.
This setup favors early reversal traders with tight risk below VWAP and confirmation needed through $34.25.
Indicators used:
Anchored VWAP (short-term support reclaim)
Volume trend (flat but no selling surge)
Price structure (potential bottom formation with higher lows)
Entry idea: Long above $34
Target: $36.50–37
Stop: Below $32.75 or VWAP zone
Volume is steady (5.52M vs. 5.82M average), suggesting balance between buyers and sellers. A confirmed breakout above $34 with volume could trigger a move toward the $36.50–37 range, where the next anchored VWAP (red) and declining 20 EMA reside.
This setup favors early reversal traders with tight risk below VWAP and confirmation needed through $34.25.
Indicators used:
Anchored VWAP (short-term support reclaim)
Volume trend (flat but no selling surge)
Price structure (potential bottom formation with higher lows)
Entry idea: Long above $34
Target: $36.50–37
Stop: Below $32.75 or VWAP zone
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.