rocksteady05

ARKF resistance bounce

Long
AMEX:ARKF   ARK Fintech Innovation ETF
ARKF has been hobbling for quite some time after the incredible rise. It appears it has somewhat settle in and we may not see the drastic gains of previous year, but the resistance line appears fairly reasonable. I think there's a high probability of it bouncing off that line once more in the next week, before making a run that will get it back ahead of the last few months. Unsure of the long term growth, but I do think we're in for a rebound in the next 1 to 2 weeks.