Beautiful weekly pennant on ARQQ weekly timeframe. This chart is coiling nicely for a continuation. Still early in the process of reaching breakout but given the recent momentum in this sector a premature break to the upside can happen at any moment.
The ticker is currently sitting above the monthly 20ema (overlayed on this weekly chart), and just had a strong bounce off the daily 20ema (overlayed on this weekly chart). Golden cross is also highlighted that occurred in December 2024 with the daily 50ema retracing back to the daily 200ema and then continuing the uptrend earlier this spring.
The ticker is currently sitting above the monthly 20ema (overlayed on this weekly chart), and just had a strong bounce off the daily 20ema (overlayed on this weekly chart). Golden cross is also highlighted that occurred in December 2024 with the daily 50ema retracing back to the daily 200ema and then continuing the uptrend earlier this spring.
Trade attivo
Looks like ARQQ is breaking out bigly.Trade chiuso: obiettivo raggiunto
Intraday breakout and rejection... will be interesting to see if bulls can pull this one out of the pennant early.
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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.