Hi Guys! This is a Technical Analysis on ARK Innovations ETF (ARKK) on the 1 Week Timeframe. Jumping right in: Our current Price action is currently bouncing off a Confluence of SUPPORT Test We tested this Confluence of Support area the prior 2 weeks. The Confluence involves: 1. 50 SMA 2. Support Line of the Uptrend Channel This would make an area to go...
Monthly MACD crossing, About to be a green. Everyone hating on Cathy. This going to explode. Been DCAing but adding here.
In this update we review the recent price action in ARKK and identify the next high probability trading opportunity and price objectives to target