ARTC Technical OverviewPosted on Wednesday, March 22 2017 at 5:30 am GMT+0000
Testing previous lows.
Both long and medium term scenarios have been postponed for now, as the market continues to show strong negative momentum, and traders shall be waiting for reversal patterns in this descend before considering new positions in the share. The recent short term decline has broken below key levels, signaling a continuation towards previous lows. A further break below the 0.870 could cancel any potential Bullish developments as the share could be targeting a retest of the 0.810 level. Only an immediate break above the 0.905 level would shift bias to Bullish and allow or for short term positions.