ARB , (a London HQ'd  Canadian- based crypto  miner quoted on AIM) is a  pretty tiny prospect  at £21M cap but has good technicals above all its MAs with the 200MA flat but set to start an upward trend. ARB  is showing good accumulation having   dropped to 2.5p in the Covid Crash (click on + in tab below to view chart as you read)

It has positive catalysts today in reporting a monthly operational update which has been well received thus far but more importantly a very bullish break-out in BTC to multi-year highs.

A break above 7.7p is bullish : rejection may see a check of the 8EMA (7.1) and bounce: if that fails then the 21 EMA around 6.5p may be questioned.

However if BTC  [stock_market_widget type="inline" template="generic" assets="BTC-USD" markup="{name} ({symbol}) {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"] remains in  its upward trend on the back of weak dollar, improving BTC adoption and overall macro concerns then the path of least resistance is likely upwards with an interim target of 9.0p (stop to b/e) though ARB is expected to see 11p and may well break above this to test previous highs of 14p +

Entry : 7.4

Stop: 6.3 (-15%)

Target 1: 9.0  (+20% stop to b/e)

Target 2: 10.8 (+50%)

click on the + to the right to expand the charts in the below tabs