CoryMitchell-CMT

Another Wave Higher in AAR.TO

Lång
TSX:AAR.UN   None
Long-term uptrend in this one. Had the pullback followed by a sharp push higher in October. A move like that (relative to the other pullback waves) often signals the low of the pullback is in place. Price is riding the short-term rising trendline which is one place to consider an entry.
Looking for the price to break above the short-term consolidation.

Targets and stop losses are an estimate. Use your own discretion.

Can also use ATR Stops as an exit. Wait for a daily close below line. Move stop loss up to just below the low of that day.

Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
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