ARKK to $44.32 by end of Oct 2022
ARKK starting wave 3 of C, If we get a bounce to the upside near $103, sell.
Levels to keep an eye out for possible reversals to the upside retracement before continuing the fall toward $44.32
$81.40 .382 fib of the 2020 low to 2021 high
$70.12 fib 8 - we should see a lot of sideways movement here or price coming back to this area repeatedly.
$49.33 fib 5
Levels to keep an eye out for possible reversals to the upside retracement before continuing the fall toward $44.32
$81.40 .382 fib of the 2020 low to 2021 high
$70.12 fib 8 - we should see a lot of sideways movement here or price coming back to this area repeatedly.
$49.33 fib 5
Note
Watch for a spike to hit $52, hopefully its short lived. but very plausible within the next 3 mos. We' will be heading back toward $83.88 in the future, not sure if the will be to reverse and continue down or act as support. We'll have to watch how the market unfolds. If ARKK is an indication of the direction for the market(S&P,DJI,Q) we have a long bear market in store.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.