ARK Innovations ETF (ARKK) .... on solider ground ?
Everyone knows the background and philosophy of ARK Innovations
Looks like a short term bottom (2hr basis) has been put in and a Harmonic Bat pattern is developing.
Target is the PRZ (Price Reversal Zone) in the $85/86 area. Need to take out the XB trend line and then the B point for more assurance.
As always do your own due diligence, respect the overall market conditions and sentiment and be nibble.
Not investment advice
S
Looks like a short term bottom (2hr basis) has been put in and a Harmonic Bat pattern is developing.
Target is the PRZ (Price Reversal Zone) in the $85/86 area. Need to take out the XB trend line and then the B point for more assurance.
As always do your own due diligence, respect the overall market conditions and sentiment and be nibble.
Not investment advice
S
Comment:
Sorry that's be nimble
Comment:
well it did rally ... then fell out of bed