$ARC is performing well. The key observation is whether the quarterly VWAP can be retested and hold steady—if so, the subsequent upside potential is open. However, the OI to market cap ratio is about 0.746, indicating that the derivatives market is quite crowded, which means prices could fluctuate significantly at any time, with rapid breaks either upward or downward. The direction at the market open next week will be crucial, and the strategy will depend on its performance.