Technical analysis by daveibo1ster about Symbol ARB: Buy recommendation (1/14/2024)

Could see retest of a market structure breakout from a Monthly and ATH level...Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 markWould fit for a third hit on second parabolic yellow trendlineLines up with the 0.66/0.0618 FibsHits on Band 1 of anchored VWAPGood confluence...Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?Thoughts?A strong bullish Divergence on CVD and OI would make this trade impossible not to take.