$AR
Daily chart trend, point analysis and trend prediction:
Point Analysis
1. Support Levels:
• First Support Level: $15.58 (recent low)
• Second Support Level: $13.41 (lower level support)
2. Resistance Levels:
• First Resistance Level: $17.66 (MA7 position)
• Second Resistance Level: $19.72 (MA99 position)
Bullish and Bearish Trend Prediction
• Short-term Trend: Current price is $16.23, close to the first support level of $15.58, bearish strength has weakened, but has not yet broken through the upper short-term moving average.
• Bullish Signal: If the price breaks through the $17.66 resistance level, it may further test $19.72.
• Bearish Signal: If it falls below the $15.58 support level, it may drop to $13.41.
Strategy Recommendations
Long Position
• Entry Point: Stabilize in the range of $15.60-$15.80 to enter.
• Take Profit Targets: $17.66, $19.72.
• Stop Loss Level: $15.40.
Short Position
• Entry Point: Enter in the range of $17.60-$17.80 when faced with resistance.
• Take Profit Targets: $15.58, $13.41.
• Stop Loss Level: $18.00.
Summary
AR's short-term downtrend has eased, but the upper resistance level is strong. It is recommended to operate cautiously between key support and resistance levels, combining volume changes to assess the effectiveness of directional breakthroughs.