Cryptmando

ARKW in an ascending Head-and-Shoulders pattern

Long
AMEX:ARKW   ARK Next Generation Internet ETF
ARKW - as in ARK "WOW".

Catherine Wood and her team are running a
world class family of ETFs via ARK-Invest.
They are changing the way we think about
investing through the lens of innovation.
Brilliant.

Although extremely bullish long term
for ARKW , in the short term this
ASCENDING head-and-shoulders needs to
'play-out', before I continue to accumulate.

Dollar Cost Averaging ( DCA ) around 127/share
should be safe medium to long term.
Because the H&S is ascending, this point
is actually the 'head' of the pattern.
This is what happens in a bull-run!

And look at all that volume increasing.
Beautiful.

All the best to the ARK-Invest team!
-Cryptmando
Dec 10, 2020