On the daily, 200SMA acted as very good support that got tested on the last dip. It looks like it can be tested again around $110 or so, but it would be a higher low which is bullish imo. RSI is showing higher lows as well. MACD looking like it can have a slight dip.
20 & 50 SMA act as resistance on any of the other hourly time frames. Double top at $130.
Took some sweet profits I had on 5/21 and 6/18 120c and 125c. Short term I'm bearish with a 4/30 115p for big tech earnings. I think I'll get another 115p if there's another green day, if not, my 115p will suffice as I don't want to get overextended.
If ARKK drops to $115 or $110, I'll go hard on more long term calls.
20 & 50 SMA act as resistance on any of the other hourly time frames. Double top at $130.
Took some sweet profits I had on 5/21 and 6/18 120c and 125c. Short term I'm bearish with a 4/30 115p for big tech earnings. I think I'll get another 115p if there's another green day, if not, my 115p will suffice as I don't want to get overextended.
If ARKK drops to $115 or $110, I'll go hard on more long term calls.
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