3/31 ARKK breakout and possible correction first
ARKK broke out the wedge, sitting just above 200dma and 50dma. MACD coiled.
Possible correction before more upsides, especially after TSLA delivery number comes out this weekend.
Upside price target
1) 43.76 Feb 16 high
2) 45.46 Feb 2 high =SPX 4200
Downside level
1) The trend line and March 28 Low
2) Red support zone
Possible correction before more upsides, especially after TSLA delivery number comes out this weekend.
Upside price target
1) 43.76 Feb 16 high
2) 45.46 Feb 2 high =SPX 4200
Downside level
1) The trend line and March 28 Low
2) Red support zone
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.