STTCOMP ARU TA LONGMC: $745MSOI: 1.5BArafura Resource Ltd is a...

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    STTCOMP ARU TA LONG

    MC: $745M
    SOI: 1.5B

    Arafura Resource Ltd is a mineral exploration company focusing on rare earths. The reason why this stock has caught my attention is due to the recent bull flag pattern pushing the stock higher and now it is trading close to its all time high. Weekly candle formed last week was a big green bar and the volume traded was above the average. Hourly candles indicate price may push higher and touch 50c. Daily RSI is close to 70 indicating strength is in play atm IMO. Market is really volatile at this stage so no one can really predict what the market outlook is in short term. Trade safe and may the market be with us!

    Keep fighting!

    M
 
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