Live monitoring of the Bearish Flag setup on ARE. See where price is heading.
Bearish continuation if preceding move was down.
Indecision. Widening then narrowing range.
ARE is showing interesting structural developments at $45.39. Price has moved to $45.39 (3.75%) amidst recent volatility. The primary technical feature is a Diamond formation. Volume is average (0.89x avg) with moderate trend strength (8.9). A potential breakout level is identified at $41.44, targeting $30.11 with support near $47.1 (R:R 2.0).
What is your outlook on ARE?