ARTC Technical OverviewPosted on Tuesday, January 9 2018 at 5:29 am GMT+0000
Change in the medium term outlook.
The share remains strongly Bearish in the long term after it managed to reach a new 52-week low. However in the medium term, a new Bullish movement is developing. After a significant downtrend, a medium term reversal was activated with the upwards break of the previous daily top of 2.50 and propelled a further rally. Medium term traders who activated longs with that move already reached their initial targets at 2.61 and are now advised to trail their positions higher towards their entries.