ARV since listing it's just in correction mode and is way oversold with longterm bullish divergence. It managed to bounce out of 1st falling channel and is now in 2nd falling channel with less steep decline thus slowly working on rounded bottom pattern. We have seen similar pattern also on OM before it bounced and pushed up like crazy.
Not calling for OM move but test of ATH range seem logical at this point.
Not calling for OM move but test of ATH range seem logical at this point.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.