ARKK has been steadily selling off since February
Selling volume was extremely above normal for the last few trading days
Also fell through 105 support which seems to have been strong in the past
I honestly see this falling back to the $65 range eventually but for now I would short this to $90 demand zone
If it loses daily demand, I am increasing my short position down to $65 by late June-July
Thank you
Selling volume was extremely above normal for the last few trading days
Also fell through 105 support which seems to have been strong in the past
I honestly see this falling back to the $65 range eventually but for now I would short this to $90 demand zone
If it loses daily demand, I am increasing my short position down to $65 by late June-July
Thank you
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Related publications
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.