ARKK bouncing off downtrend line

    Posted by timebandit on 19th of Jul 2021 at 11:40 am

    ARKK bouncing off downtrend line it broke out of mid-June. Looks like an a-b-c decline from the end-of-June high. Nice pinch on the moving average ribbon. Lots of resistance overhead though...

    yep maybe Cathie Woods can

    Posted by matt on 19th of Jul 2021 at 11:45 am

    yep maybe Cathie Woods can support the market LOL

    anyway nice chart, yes that trendline retest an area to monitor and MA ribbon squeeze

    makes sense performance wise vs.

    Posted by fundamentalvalues on 19th of Jul 2021 at 03:57 pm

    makes sense performance wise vs. SPX given the "delta variant" narrative that's being sold by the media today...that would bode well for ARKK names

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