American Assets Trust, Inc.

AAT bullish triangle breakout, start of a new rally

181
Hello Traders!
AAT has recently broken out of its descending triangle bullishly. Since the 50 SMA just crossed over the 100 SMA, the MACD has crossed over the 9 EMA and the RSI is looking optimistic, we can expect another rally to come quite soon. The buy signal is the price crossing over both the 50 and the 100 SMA and it will rise to the first goal (the 29.33 support/resistance) without a doubt. I am fairly confident that the price will reach the second goal (the 34.89 support/resistance) without much of a struggle, as long as the 200 SMA doesn't interfere, since it might offer a stronger resistance.

VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.