$ARKG - RC -
Added 2023-06-07 09:44:22 +0000 UTCAnother ARK fund today, a lot of the ARK fund charts look like each other, after climbing to astronomical heights in 2020/2021 on very reckless buying habits from ARK, every one of the funds came crashing down as fundamentals simply could not sustain the elevated levels.
2 years later and hopefully revenue has improved in these companies and after a year of consolidating, they may be starting to move higher now.
For $ARKG, breakout of the wedge here and it does look good for more upside, potentially to $40 and $50 next with no issues, once it can stay outside of the wedge.
Comments
This is looking like a potential breakout soon. Quite a few gaps going back to 2022
Brian
2023-12-29 16:55:28 +0000 UTC
