Post earnings pump ARCC is looking toppy and perhaps completing a retracement from the top right here at 0.5 fib.
Also has printed a shakeout reversal pattern through previous resistance.
It may have a last ditch flurry up to 0.618 area and 200MA and if it does i'll short some more, but good chance also i think it rejects the 100MA.
Not advice.
Got Filled @ 19.10
ARCC's forward yield is 8.26% vs. its 4Y avg yield of 10.14%.
ARCC's dividend growth over the last 3 years is 1.51%.
Status: ex-dividend coming up
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