Antero Resources Corporation, (AR) engages in the development, production, exploration & acquisition of natural gas, natural gas liquids & oil properties in the United States. It is based in Denver, Colorado, trades at “AR” ticker at NYSE & comes under Energy sector. Since 2014 high, AR traded lower & made a low of $0.64 in March-2020. Above there, it started impulse sequence higher as I red ended at $48.80. It favors pullback in II & expect to find support between $24.08 – $10.95 area to resume higher.

AR – Elliott Wave Latest Weekly View: 

In weekly, it placed ((1)) at $21.99 high & ((2)) at $15.38 low as shallow correction. It extended higher in ((3)), which finished at $39.24 high. It corrected lower in ((4)) as 0.382 Fibonacci retracement of ((3)), ended at $30.94 low. Finally, it finished ((5)) at $48.80 high as wave I impulse. Below there, it is correcting lower in zigzag in II before turning higher.

AR – Elliott Wave Latest Daily View: 

Below I red high, it placed ((A)) at $27.58 low & ((B)) at $45.33 high. It favors lower in ((C)) between $24.08 – $10.95 area to finish II correction before upside resumes. It placed (1) at $28.99 low, (2) at $40.19 high, (3) at $19.91 low & favors bounce in A of (4). It expects to bounce in (4) in 3 or 7 swings before turning lower in (5) in extreme areas, where buyers expect to enter the market for at least 3 swing higher or next sequence up. Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $9.99.

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