Hello fellow traders and investors, here's another trade idea. ARKK has recently pulled back to the trendline. If ARKK makes a full recovery it offers a 30% ROI.
Technicals: The Macd indicates that ARKK is oversold The Macd indicates that ARKK is still in a downtrend The Ema's indicate that ARKK is still in a downtrend
When To Buy: When EMA's crossover When the Macd indicates a reversal by crossing its EMA
When To Sell: I recommend selling at its previous high which offers a 30% ROI.
I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like and follow, Thanks.