$ARKK bottom somewhere between $45.92-60.02?
Many people seem to be interested in going long $Arkk because it's already fallen substantially. However, the chart tells me there could be continued downside to come over the next 2-3 months.
I lean towards the bottom not being until we hit $60.02-45.92, and my bias leans towards the middle to lower support being hit before seeing a trend reversal.
Stay safe out there.
I lean towards the bottom not being until we hit $60.02-45.92, and my bias leans towards the middle to lower support being hit before seeing a trend reversal.
Stay safe out there.
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Target hit but now I think we're going even lower
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New analysis here:
