Recovering from dip, still in uptrend, oscillator recovering from oversold, linear regression turning positive. All signs of good recovery. Don’t forget to place your stop.
@HeWhoMustNotBeNamed, Ya, the run is over. I was long since $4 and sold at $20 (not $30). At $30, I still thought it was going to $40. But the chart made one of the most pronounced head and shoulder patterns I have ever seen. I should have drawn it and posted it. Not to mention, ARK stocks are unpopular, high flyers are getting crushed on positive earnings, and we are in a nasty selloff. Sadly, the uptrend is busted and it will take a long time for buyers to come back in to this one. you mentioned you had protective puts? I assume you exercised them?
Trendoscope
⋅
@Gamehenge not yet. have time till 21st May. I will probably sell the put and close position close to expiry. It will be almost same as exercising them.
Anyway well done catching it at $4. 5 badger is still an achievement.
Gamehenge
⋅
@HeWhoMustNotBeNamed, hopefully we find another one like VUZI. Until then, here's one for you to research - ZIM :)