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.
Trade attivo
FunkyQuokka
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
FunkyQuokka
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.