- ARKK is returning to test the 50 day moving average and will be on my watchlist for the week to see how it reacts here.
- Currently a double bottom pattern my play out but as the major trend has been down, i will look for a break of neckline and successful retest to attempt a long
- Alternatively rejection at these levels could have price consolidate around this zone or send it back lower.
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!
- Currently a double bottom pattern my play out but as the major trend has been down, i will look for a break of neckline and successful retest to attempt a long
- Alternatively rejection at these levels could have price consolidate around this zone or send it back lower.
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!
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.
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.