ARHS - Arhaus, Inc.
Very nice reaction off of the 9ema this morning. Largest 30-min volume since the gap up on raised revenue guidance.
Started a small position; couldn't justify a full position with the overall market being slightly extended on a short-term basis and showing negative action on the day.
Will look to add over the debut price high of $14 only if the broad market continues its bullish phase. The all-time-high of 14.95 looms overhead, but with the volume & growth on this name, I'd expect it to clear that level as long as the market environment remains favorable.
The FOMC decision and statement on Wednesday will have a major impact on the market environment. Even if I am shaken out of this starter position, I'm keeping this one on my focus list for as long as the environment remains healthy. This has the potential to be a true market leader.
Started a small position; couldn't justify a full position with the overall market being slightly extended on a short-term basis and showing negative action on the day.
Will look to add over the debut price high of $14 only if the broad market continues its bullish phase. The all-time-high of 14.95 looms overhead, but with the volume & growth on this name, I'd expect it to clear that level as long as the market environment remains favorable.
The FOMC decision and statement on Wednesday will have a major impact on the market environment. Even if I am shaken out of this starter position, I'm keeping this one on my focus list for as long as the environment remains healthy. This has the potential to be a true market leader.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.