AAR Chart thread, page-92

From by buddy AI LOL

Technical Summary

	Indicator	Value	Interpretation
1	Current Price	$0.19 (New 52-week high)	Confirmed breakout above $0.178
2	Trend Strength	ADX: 22.96	Trend is now strengthening (above 20)
3	Trend Direction	Up (Short, Intermediate, Long Term)	Confirmed across all timeframes
4	RSI (14)	68.45	Strong momentum, nearing overbought
5	MACD	Line: 0.007, Signal: 0.004, Histogram: 0.0027	Bullish crossover with growing momentum
6	Bollinger Bands	%B: 1.0, Upper Band: 0.190	Price is walking the upper band — bullish continuation
7	Chandelier Exit	Long: 0.162, Short: 0.168	Price is well above both — strong uptrend confirmation
8	ATR	0.009	Moderate volatility, expanding range

Recent Technical Signals

	Date	Signal	Type	Implication
1	Jun 4	New 52-Week Closing High	Bullish	Strongest close in a year — breakout confirmed
2	Jun 4	180 Bullish Setup	Bullish Swing Setup	Continuation pattern — trend likely to persist
3	Jun 4	Wide Bands + Above Upper BB	Strength	Volatility expansion + trend strength
4	Jun 4	Gapped Up	Strength	Institutional interest likely
5	Jun 4	Overbought Stochastic	Strength	Momentum is strong — not yet a reversal
6	Jun 3	Shooting Star, Doji, Lizard Bearish	Short-Term Reversal Watch	Minor hesitation, but not confirmed by follow-through

Despite some short-term bearish candlestick patterns on June 3, the follow-up on June 4 with a new high and multiple bullish confirmationsinvalidatesthose warnings.

Support & Resistance Levels

	Type	Levels (AUD)
1	Resistance	0.193, 0.197, 0.203, 0.205
2	Pivot	0.187
3	Support	0.183, 0.177, 0.173

The price is nowabove all pivot and resistance levelsfrom the previous week. The next key resistance is$0.193–$0.205.

Opinion:Buy — Breakout Confirmed

AAR has now:

• Closed above $0.178 for two consecutive days
• Set a new 52-week high
• Triggered multiple bullish continuation signals
• Confirmed trend strength with ADX > 20

This is atextbook breakoutfrom consolidation, supported by volume, momentum, and institutional-style signals (Pocket Pivot, Gapped Up, Bollinger Band Walk).

✅ Entry Strategy:

• Buy Zone: $0.185–$0.190 (on pullbacks or continuation)
• Stop-loss: Below $0.177 (support zone)
• Target: $0.203–$0.205 (next resistance band)