Apr. 2 at 7:02 PM
$ARDX 360 Day Range of the 24-hr chart, running a Standard Deviation scale, Shows progress in recovering from the latest "Downdraft".
Key references are as follows:
--- The Range Low on 03/24shows the rebound reaction against the "lower Low, that day.
--- The low, this week, Monday reflects a degree of validation toward a shift in trend, to the upside (at least in short term!)
The High of today (
$6.04) fell short by one penny, to the 200 SMA on this chart with price action maintaining strength, above the
$5.83 level (being 1-Std Div, to the low side of Core; the Solid RED Line!).
Interestingly, the 50 SMA (solid RED) floating above while the 20 SMA (Lighter Blue) remains below the 200-SMA.
With general Market Flow shows some downward slant, the progress of (ARDX) statistically, seems sound, with implications of stability, in course.
Progress is slow! Work your Trading Plan to protect your gains and tolerance of Risk!
CHEERS!
