ARKW in an ascending Head-and-Shoulders pattern
ARKW - as in ARK "WOW".
Catherine Wood and her team are running a
world class family of ETFs via ARK-Invest.
They are changing the way we think about
investing through the lens of innovation.
Brilliant.
Although extremely bullish long term
for ARKW, in the short term this
ASCENDING head-and-shoulders needs to
'play-out', before I continue to accumulate.
Dollar Cost Averaging (DCA) around 127/share
should be safe medium to long term.
Because the H&S is ascending, this point
is actually the 'head' of the pattern.
This is what happens in a bull-run!
And look at all that volume increasing.
Beautiful.
All the best to the ARK-Invest team!
-Cryptmando
Dec 10, 2020
Catherine Wood and her team are running a
world class family of ETFs via ARK-Invest.
They are changing the way we think about
investing through the lens of innovation.
Brilliant.
Although extremely bullish long term
for ARKW, in the short term this
ASCENDING head-and-shoulders needs to
'play-out', before I continue to accumulate.
Dollar Cost Averaging (DCA) around 127/share
should be safe medium to long term.
Because the H&S is ascending, this point
is actually the 'head' of the pattern.
This is what happens in a bull-run!
And look at all that volume increasing.
Beautiful.
All the best to the ARK-Invest team!
-Cryptmando
Dec 10, 2020
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