Artivision (technical)

Artivision: despite the sharp bounce that has taken place over yday and today, the stock remains a higher risk play for traders. The bearish medium term and longer term hasn't been negated, with a cap seen at the $0.16 resistance (coincides with the 50day MA). We may revise toward a more positive assessment on a sustained breakup above $0.16. $0.12 is the floor for now, followed by $0.10 in extension.