$AR is currently moving within a descending parallel channel under the weekly timeframe.

Previously, $AR showed significant bullish movement after breaking out of a falling wedge pattern.

Once again, we have identified a potential falling wedge breakout. A price above $42 would confirm the next bullish move.

On the daily timeframe, $AR has broken down from an ascending channel. Reclaiming the $24.5 mark is crucial for a bullish recovery.

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