Symmetrical Triangle - Update

ARKK catching my eye here, in somewhat of a make or break spot- Will be watching closely for a breakout from this symmetrical triangle, Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish and looking for a breakout from this triangle

- Inverse Head and Shoulders Formed (Not Pictured)
- Slight hidden bullish divergence on the RSI
- Bullish Cypher Formed
- Reclaimed the 200-day EMA
- Buyer volume picking up relative to seller volume
- Bollinger Bands Starting to Squeeze (Not Pictured)

PT1- $120.79
PT2- $121.24
PT3- $122.45 + Breakout

Previously Charted
snapshot
breakoutBullish PatternsbuyerHarmonic Patternshead_and_shouldersTechnical Indicatorssupply_and_demandsupport_and_resistanceswingtradingsymmetrical_triangleTrend Analysis

Also on:

Disclaimer