wavepoint99

ARKW - Horizontal Trend Channel

Long
AMEX:ARKW   ARK Next Generation Internet ETF
🔹Breaking up horizontal trend channel in medium long term.
🔹Positive signal from rectangle formation at 51.51 resistance breakup.
🔹Between support 55 and resistance 64.
🔹RSI above 70 indicates strong short-term positive momentum.
🔹Technically POSITIVE for medium-term long-term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

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