Stock: AR
Company: Abra Mining & Industrial Corp.
Support: 0.0033
Resistance: 0.0060


AR enjoyed a day of trading above its opening price of 0.0035 yesterday before making it all the way to the ceiling by closing (+50% to 0.0054).

The stock’s strong performance nudged the RSI and DMI towards the bullish region after a month of weakness. However, Tuesday’s jump brought AR close to its resistance at 0.0060, which could limit its room to rise further.

Recommendation

Take profits.

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