Looks like $ARKK may be ready for a nice move higher. As you may know ARKK invests in high beta stocks so it can and does move quickly. I show it broke out of a Darvas Box a couple days ago. Today it reclaimed the 200 SMA and all the shorter term moving averages are pointing up and are just under price. This should (TBD) help lift this ETF higher. You can see my entry and stop on the chart. Ideas, not investing / trading advice.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.