Since the bear market lows of 2022, ARK ETF have gained some ground since then. Today we specifically look at the 
ARKF which holds the fintech stocks. Since then, the ETF has seen a renaissance and has broken out of various Fib retracement levels. When we look at the fintech stocks like 
UPST, 
ADYEN, 
PYPL, 
LMND, 
HOOD, $ COIN, 
SOFI, $XYZ. Even the traditional stocks like 
ICE and 
NDAQ have a similar chart.
In terms of chart there was a huge bottom formation, and the recent price action has shown that the Fintech ETF is breaking out of the huge base. The next levels to watch will be 0.618 and 0.786 Fib levels with up to 25% upside potential in price.
Long $ARKF.
ARKF which holds the fintech stocks. Since then, the ETF has seen a renaissance and has broken out of various Fib retracement levels. When we look at the fintech stocks like UPST, ADYEN, PYPL, LMND, HOOD, $ COIN, SOFI, $XYZ. Even the traditional stocks like ICE and NDAQ have a similar chart. In terms of chart there was a huge bottom formation, and the recent price action has shown that the Fintech ETF is breaking out of the huge base. The next levels to watch will be 0.618 and 0.786 Fib levels with up to 25% upside potential in price.
Long $ARKF.
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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.
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.