ARK Innovation ETF
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#ARKK reversing off anchored VWAP & 50dma

146
ARKK still stuck in range of this bearish channel since bottoming in May. If you follow the anchored vwap from the recent high of the most recent rally, we are also starting to reject this Vwap. Additionally the 50dma is acting as resistance. Big resistance evident at $46

I think this will work itself lower and possibly retest the big horizontal support zone at $32-$33 in the coming weeks...

Not
this ended up working very well - very happy with this trade
Not
Close enough to target - taking this one off

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.