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Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at ASX:ART ... I believe this code is at a point of potential volatility. If price can hold above $0.280 ... Bullish potential may be unlocked. My key upside targets include: - $0.335 (Conservative) - $0.385 (Medium) - $0.505 (Aggressive) ...
Looks like a large Elliott wave is just coming to an end. Currently in a downward trend and are trending on the bottom trend line, should pop back up and stay over 75c to confirm reversal. Reversal with a new Elliot wave with first wave pushing to 90c. testing previous support/now resistance. Then dropping back to around then 80c region before the next wave up...
$ART.asx - Price tested 61.8% fibs and Bouncing...looks good to test old high at $1.80 IMO Took a position, Let's See...GL! Please ALWAYS DYOR First!