AAREIT - Trade Ranging Bounce
Price bouncing between 2 green lines since sept 2023.
Now back at the area of support at $1.24
Price has to close at $1.26 or above today to break the bearish trendline. At that price, the potential ROI is 5.53% at $1.33, or 8.73% at $1.37
Possible trade if closed at $1.26 today:
Stop loss if price closed below $1.24
Now back at the area of support at $1.24
Price has to close at $1.26 or above today to break the bearish trendline. At that price, the potential ROI is 5.53% at $1.33, or 8.73% at $1.37
Possible trade if closed at $1.26 today:
- Buy at $1.26
- Sell and take back capital at $$1.33, and let the rest roll and see if it can get extra profit at $1.37 area.
Stop loss if price closed below $1.24
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