ARTC Technical Overview

ARTC Technical Overview

Posted on Thursday, November 10 2016 at 5:35 am GMT+0000

Bearish outlook.

Considering the prevailing trend characteristics, both long and medium term traders shall remain neutral for the moment, and wait patiently for bullish reversal signs before attempting to acquire any new long positions. The last dip below the weekly bottom at 1.28 suggested also an ease in the short term downside speed and accelerated the decline to lower level, therefore preventing short term traders from taking any new market entry decisions.

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