I love my triangles, and got the 12/18 $110 call options for ARKK based on several indicators / patterns here.
RSI / MACD flipping, price sound support and higher lows from channel bottom trend line, and the beautiful ascending triangle.
ARKK's biggest holdings are TSLA and SQ which are not showing any signs of slowing down going into the end of the year.
Commentaire
⋅
The star is the 12/18 $110 call strike price
Commentaire
⋅
Break out happening now!
Commentaire
⋅
Price of ARKK is up, but it's grinding up the bottom support line of the original channel I drew. Closed the PUT spreads I was selling for about 14% profit.