What I’ve learned, what has worked, what hasn’t worked, and what may help you after $845,203.28 worth of trades in 4 years.
Chart to Watch, Next Few Weeks
Check out this Weekly chart:
ARRY beat earnings last week and price is up 32% the past 3 trading days. Most of the market was red last week which shows incredible strength. This weekly chart shows a clear inverse head & shoulder, a bullish chart pattern:
![Inverse Head And Shoulders Pattern [2023 Update] - Daily ...](https://dailypriceaction.com/wp-content/uploads/2015/03/4-hour-inverse-head-and-shoulders-confirmed.png) |
Looking back at the weekly ARRY chart, 25 will be a huge resistance level. If price can break above 25, we could see new uptrend which approaches ATH at IPO levels. A break of IPO & all-time highs is a major move in new tickers. Big things may be ahead.
Keep in mind, the daily chart may be a bit extended. Any type of flag or consolidation under 25 would be constructive:
Talk soon,
Michael
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Stockonomy
What I’ve learned, what has worked, what hasn’t worked, and what may help you after $845,203.28 worth of trades in 4 years.
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