ARKK is clearly in a downtrend, however I think we get a bounce in the short term before further downside. RSI approaching oversold and volume appears to be showing seller's exhaustion.
Plan is to play the bounce going long ST calls, take profits around 91 zone then go short again...
Note, not much support below, and ST long idea is invalidated on a break below $75
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.