I believe
ARKK is testing volume area high in this sideways trading range as a last point of support after Weiss OI waves showed significant buying and weakening sell-off retracements. A bounce and new high off VAH (Volume Area High) could spell mark-up for $ARKK.
Set-up currently looks very bullish.
Targets above: $54, $60, $70, $81, $90
Stop Loss would be: $43
Set-up currently looks very bullish.
Targets above: $54, $60, $70, $81, $90
Stop Loss would be: $43
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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.