ARKM had a phenomenal run-up, but I think now it's time for a pullback. It should bounce back at around $1.5, where the SMA-200 is, and the place it went into overdrive on the way up. Whether it can reach new all-time highs remains to be seen.
Note
*SMA-200 => SMA-50
Note
ARKM is reacting according to the plan by falling off the cliff. There's nothing to do except to trail the stop loss into the profit zone :)
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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.