ARBB: BULL IS ON THE WAY UPARBB was a technology stock. This stock making a good profit if we look at their revenue in August. Technically from the chart, we can see after retraced on Fibo, it shows a signed that the bull already wakes up. The price is still above the pivot point. Based on the technical indicator, I think this counter will go higher in the midterm. I think it should test resistance level R1 @ 0.370 in the next day forward before it can go higher in the midterm to test R2 @0.400.
P/S: This is a personal view, not a buy call/sell signal. Trade at your own risk.
ARBB trade ideas
ARBB- Waiting for Breakout Hi good evening and happy Monday guys.
Regarding the stock that captured my eyes which is ARBB, I found that this stock has potential to grow long. I checked based on several indicators and oscillators to confirm the move.
As we speak off this stock today, the price today has formed the Inverted Hammer supported with volume.
As I monitored this stock, I came up by the strong support need to be hold is at RM0.285 and for the first resistance at RM0.32.
ARBBMy view on ARBB. Weekly price already touch the sell zOne. Now seller push the price down. But my bias is still bullish. There are swap base on left side and swap base B is become my decision point. But beware of swipe flag area below because sellers sometime push the price down for panic sell before buying again at the swipe flag. SL is below the zone