ARB Price Prediction: Bears Hold 65% Edge as Market Enters 'Violent' Compression

ARB is currently stuck in technical purgatory at $0.08, with all major moving averages converging onto a single horizontal flatline.

The market has priced in nothing, which means it's about to price in something.

The Bollinger Bands are the only honest information left on the chart, indicating contraction and a potential continuation of the downtrend.

When your support and resistance levels are all registering at the same price, conventional pivots become meaningless.

A daily close below $0.07 would constitute a capitulation break, opening a swift path to $0.065 and then $0.06.