As signalled last week, ARK found a bottom and is bouncing.
It broke out of the downtrend and is currently correcting the preious jump in price in a Trend Continuation Pattern.
Stay alert and buy the breakout or when it corrects further, in the blue box.
Longer term, I'm expecting a lot from ARK.....it was pushed down hard in this market wide downtrend and I expect ARK to be 1 of the best recoveries in coming weeks.
Trading advice: buy the break out or towards blue support line and fib levels.
It broke out of the downtrend and is currently correcting the preious jump in price in a Trend Continuation Pattern.
Stay alert and buy the breakout or when it corrects further, in the blue box.
Longer term, I'm expecting a lot from ARK.....it was pushed down hard in this market wide downtrend and I expect ARK to be 1 of the best recoveries in coming weeks.
Trading advice: buy the break out or towards blue support line and fib levels.
評論:
Interesting area to watch, should bounce from here for continuation
