leongaban

Bullish on ARKK ascending triangle pattern

Long
AMEX:ARKK   ARK ETF TR
I love my triangles, and got the 12/18 $110 call options for ARKK based on several indicators / patterns here.

RSI / MACD flipping, price sound support and higher lows from channel bottom trend line , and the beautiful ascending triangle .

ARKK's biggest holdings are TSLA and SQ which are not showing any signs of slowing down going into the end of the year.
Comment: The star is the 12/18 $110 call strike price
Comment: Break out happening now!
Comment: Price of ARKK is up, but it's grinding up the bottom support line of the original channel I drew. Closed the PUT spreads I was selling for about 14% profit.

Comments

I have the 12/18 $120 call. Am in there with you!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out