Trader's Logbook

ARA met an accident last Friday as the train it was riding derailed from the track it is suppose to follow. But the injury is not that alarming as now as the train was supported by the 20-day SMA line but passengers are hanging on to their lives and any big movement caused by panic [...]

This is I think a make or break for ARA but we have a big challenge because its Friday tomorrow! But I think ARA will follow her trend. This morning I thought she will derail and break the trend but at the last minute it created a Doji candlestick. Looks like the bears and the [...]

An update from ARA’s chart shows that it is approaching its lower slope. Last Friday it went up as high as 2.03 but retraces and settled for 1.95 which gives a loss to some traders who was very eager to join ARA’s bandwagon. Upward trend is still intact for ARA but I think there is no need [...]

When we saw ARA near resistance] it went down and is finding its support. Our support is the lower slope and after days of decline, it might hit this slope soon. If you observe the trend of ARA, then maybe you can draw your conclusion easily. The question is: Is ARA really that predictable? As [...]

ARA is up by 14.44% today. Looks like an all-day rally for ARA this week. Does she still have the legs to continue? Based on our previous post about ARA (ARA on the right track), it has been following the track made by an upward channel but at this point it seems that it is [...]

Looks like ARA is following its track. Last time around Feb 13 we saw ARAmina Trending? ARA went up for the second day since last Friday with bullish sentiment still intact. Is it heading the resistance line (upper slope) or we will see some headwinds before going further? That could be possible but the track [...]

ARA, after some sharp rallies and pullbacks looks like it is creating an upward trend. Price may touch the lower slope which is our support and then bounce to another new high. Price action last January 17 was a test of resistance which was created last first quarter of 2000. The resistance was strong until [...]