ARB, testing the $0.80 levels in mid-October, is currently trading around $1.80 as we prepare this analysis. Having surged to $2.40 levels in early January, what price movements might ARB make in the short term? Let’s examine this!
ARB continues to maintain the support level in the lower range of $1.60 – $1.55. This level emerges as one of our strongest short-term support levels. The resistance levels to watch are between $1.95 and $2.01. A close above these levels could create new momentum in the upward trend.
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