$ARC broke below the six-month low (0.049) on heavy volume. The trading value was 49.6 times the 20-day average, and the current price is 0.02997.
A break below the period low accompanied by heavy volume may indicate concentrated selling pressure, with support at the previous low temporarily failing.
Watch for two confirmations: the daily close remains below 0.049; and a rebound toward the previous low is rejected, turning that low into resistance.
#ARC
A break below the period low accompanied by heavy volume may indicate concentrated selling pressure, with support at the previous low temporarily failing.
Watch for two confirmations: the daily close remains below 0.049; and a rebound toward the previous low is rejected, turning that low into resistance.
#ARC