ARKG just broke the long term parallel channel, i expect it to close down to 78 if it does not hold above the parallel channel or we will see it shoot to 91 in near term. Given the macro environment which market seems to be bullish (I think the money will rotate back into Cathie's ETF.
Comment:
Too bad ARKG decide to go down. but we might see a sharp rebound very soon
the parallel channel support also coincide with GMMA support