ARK Innovation ETF
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Strong Support for Cathie Wood's $ARKK (and $TSLA?)

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A trend line drawn from the pre-pandemic crash high in early 2020 to the current price point gives us a trend line that has acted as support as many as 10 times since July 2020 without failure. This would suggest we are currently sitting on a strong floor and should bounce higher from here. That would be quite bullish for ARKK and probably its largest holdings, TSLA SQ TDOC and $ROKU.

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