Ark Innovation ETF (ARKK) hit today its 1D MA200 (orange trend-line) for the first time since the November 13 2023 bullish break-out. This puts the price in the middle of the long-term Channel Up pattern that started on the December 28 2022 bottom.
As long as the price action closes the 1D candles above the 1D MA200, we expect an instant rebound. If it breaks...
