BUY AFTER WEEKLY CLOSE ABOVE SUPPORT/RESISTANCE OR WAIT FOR LOWER SUPPORT
Information Position: Long Size: 5 Price: 4.57
I’m a oil bull. I just bought back into arx and hou. Arx has strong numbers and recently fell off with the price of oil. I believe oil will hit 100 a barrel again based on a weaker usd lower rates more QE as the fed supports the repo scam. My predictions are based on fed policy and change depending on monetary policy and economic outlooks. Do your own dd. Take...
Bear set up on the daily end up in an explosive 7.00 percent day for arx and should be on everyone’s watchlist. Money is moving to high yielding stocks in Canada as gdp shrinks. Good sign of markets are coming to an end of a bull run. as investors are taking less risk. The volume tells me be bullish here @ 7 bucks cad. I am also long on oil also why I like this...
Bullish divergence possibly setting up on the weekly chart as well
TSX:ARX Price target of 7.23 upon breakdown of the descending triangle.
TSX:ARX ARX has tested this red line of support three times now. Will it hold?