My goal with this blog is to post a simple technical read on some of the hottest stocks being discussed on social media during the week. By applying the KISS method (Keep it Simple, Stupid), I am hoping to reach those who seek a better understanding of how technical analysis impact a stock's price movement. I will only apply very simple technical reads, such as support, resistance, breakouts, channels, etc.
Friday, December 4, 2015
ARIA traders and investors need to be very careful here, as $5.80 is a key support level for the stock. If this level breaks on high volume, the next key support level is at $5.00.