MarketTycoon

$LSE:ARB - Next entry opportunity according to the fibs?

Lång
LSE_DLY:ARB   ARGO BLOCKCHAIN PLC ORD GBP0.001
The last trade went great with hitting the TP as planned - I do however have a long term holding which I will continue to hold as an investment rather than short term trading.
ARB has seen a significant pullback since hitting that TP level but appears to be taking a much deserved & healthy break with it currently appearing to be retesting the 0.5 level.
If BTC was to have a sell the news event then this may impact the ARB price and push it below this level but for now I'm strongly considering re-entering from the 0.5 level as I am long term bullish on the stock for 2024.
Whats your thoughts?

ARB
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