ARBB is a timber player company and also ventured into IOT for hydrophonic. With stable positive QR since last 4 QR, the trend still below MA200 but will it rebound from 0.120 or 0.09?
Currently it stood at 0.140-0.155, the counter has BO its triangle shape from large selling since nov 2021. TFweekly shown a double bottom trend. Will it create another upscale or going down to 0.09 before rebounding. The FA is still strong since last year and only the TA is not looking bullish as it ride below MA200 and MA100 for TFW and TFD. it may touch 0.165/0.170 before going down.
If it BO 0.175, it will be another uptrending movement with 0.200/0.210 will be its next resistance.
If it going well for triple bottom it may take 2-4 months to reach 0.330/0.335 for its peak resistance to move upward to break 0.390/0.420/0.550
TAYOR!
Currently it stood at 0.140-0.155, the counter has BO its triangle shape from large selling since nov 2021. TFweekly shown a double bottom trend. Will it create another upscale or going down to 0.09 before rebounding. The FA is still strong since last year and only the TA is not looking bullish as it ride below MA200 and MA100 for TFW and TFD. it may touch 0.165/0.170 before going down.
If it BO 0.175, it will be another uptrending movement with 0.200/0.210 will be its next resistance.
If it going well for triple bottom it may take 2-4 months to reach 0.330/0.335 for its peak resistance to move upward to break 0.390/0.420/0.550
TAYOR!