ARK Innovations ETF (ARKK) .... on solider ground ?
Everyone knows the background and philosophy of ARK Innovations
Looks like a short term bottom (2hr basis) has been put in and a Harmonic Bat pattern is developing.
Target is the PRZ (Price Reversal Zone) in the $85/86 area. Need to take out the XB trend line and then the B point for more assurance.
As always do your own due diligence, respect the overall market conditions and sentiment and be nibble.
Not investment advice
S
Looks like a short term bottom (2hr basis) has been put in and a Harmonic Bat pattern is developing.
Target is the PRZ (Price Reversal Zone) in the $85/86 area. Need to take out the XB trend line and then the B point for more assurance.
As always do your own due diligence, respect the overall market conditions and sentiment and be nibble.
Not investment advice
S
Note
Sorry that's be nimbleNote
well it did rally ... then fell out of bed
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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.