ARKK Breakout: Targeting $80 with Volume and Momentum on Its Sid
ARKK is looking primed for a breakout, with some exciting moves on the chart.
Resistance Break: After grinding below $54, ARKK finally pushed through, eyeing a bold target around $80—a potential 48% gain from here.
The Gap Factor: ARKK left a gap around $48 on its recent run-up, hinting at strong demand. If momentum cools, this gap could act as a magnet for a quick retest, adding some extra intrigue to the setup.
Trend & Momentum: The SMA 150 is starting to level out, suggesting a potential shift in long-term momentum. RSI is touching overbought territory, signaling heavy interest, though a brief pause wouldn’t surprise.
Bottom Line: Volume is backing this breakout, and with well-defined patterns and targets, ARKK’s chart is setting up for an interesting ride ahead.
Resistance Break: After grinding below $54, ARKK finally pushed through, eyeing a bold target around $80—a potential 48% gain from here.
The Gap Factor: ARKK left a gap around $48 on its recent run-up, hinting at strong demand. If momentum cools, this gap could act as a magnet for a quick retest, adding some extra intrigue to the setup.
Trend & Momentum: The SMA 150 is starting to level out, suggesting a potential shift in long-term momentum. RSI is touching overbought territory, signaling heavy interest, though a brief pause wouldn’t surprise.
Bottom Line: Volume is backing this breakout, and with well-defined patterns and targets, ARKK’s chart is setting up for an interesting ride ahead.
עסקה פעילה
Garry Black
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Garry Black
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.