Ark looking like a good buy opportunity, you can expect prices to fluctuate between the support and resistance before a break out towards the target (which is indicated by the green line), it would have been best to accumulate on the support since the prices have already started their uptrend but nevertheless it could see be a good investment. The RSI has space for upwards directory and MACD lines look to be crossing over soon which indicate a bullish trend.
- Orange - Support.
- Pink - Resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.