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AI ARIS Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: ARIS shows a significant upside potential with historical returns suggesting a likelihood of price recoveries in volatile conditions. The upcoming Paris Olympics may catalyze increased water demand, propelling ARIS above $17.50.

Bearish Case: High implied volatility and market uncertainty indicate a potential for price corrections. Economic and political instability could lead ARIS to decline below $12.50, especially as recent trading volumes suggest decreased market confidence.

Potential Outcomes:

1. Price increase to $17.50 (40%),

2. Range-bound around $14.00 (30%),

3. Decline below $12.50 due to instability (30%). Historical data backs these predictions.

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August 13, 2024

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ARIS Aris Water

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