Reversal on the weekly?!
Finally, we can see some reversal signs for ARKK.
Such signs are regular divergence on the MACD indicator. Besides that: a sizeable volume with a green candle. RSI is oversold for the first time in years. And the price could stay above the S1 Pivot.
However, there are some risks. The other big names such as FB, TSLA are looking bearish. Also the QQQ.
So be careful.
Price target: 114.6
Support-Stop l.: 64,29
Such signs are regular divergence on the MACD indicator. Besides that: a sizeable volume with a green candle. RSI is oversold for the first time in years. And the price could stay above the S1 Pivot.
However, there are some risks. The other big names such as FB, TSLA are looking bearish. Also the QQQ.
So be careful.
Price target: 114.6
Support-Stop l.: 64,29
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