ARTC Technical Overview

ARTC Technical Overview

Posted on Thursday, November 9 2017 at 5:39 am GMT+0000

New 52-week low.

With the medium and long term charts having strengthened the negative pictures with the latest attempt to break to a new 52-week low, traders are obliged to stay out of the market and wait for a stronger indication of a bottom in the market before targeting a stronger correction. Bearish momentum has restarted with the break below 2.83 previous medium term support, directing the market towards new lows.

ARTC-EN 2017-11-09