Jan. 17 at 8:43 PM
$ABR is starting to look like a textbook bottom-feeding play as it battles to claim the 5hr red band. 🧱📈
Price just closed at
$8.27, inching closer to that critical 50-day SMA test at
$8.51. With the CEO loading up 29k shares at
$8.34 and a rare Golden Star signal on the tape, the "smart money" is clearly sniffing a reversal.
If we can flip the inflow into a sustained breakout, the 25% short interest could fuel a massive squeeze toward the
$9.38 analyst target.
Key Levels to Confirm:
🐂 Bulls: Need a daily close above
$8.51 (50-day SMA) to confirm the trend shift and target the
$9.00 resistance level.
🐻 Bears: A failure to hold
$7.69 (recent low) invalidates the bottoming thesis and risks a flush toward the
$7.50 bear target.
#hovdid
