Traders are watching this Bullish Flag on AR. Inspect the chart now.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
Traders are watching Arweave (AR) as price action tightens. The stock is trading at $1.73, down 4.55% on the day. Price action has carved out a classic Bullish Flag. This setup is supported by strong volume turnover. A potential breakout level is identified at $1.83, targeting $2.51 with support near $1.65 (R:R 3.82).
What is your outlook on AR?