ratchet-mint

The market is signaling a bull trap

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AMEX:ARKW   ARK Next Generation Internet ETF
Although the charts showing bearish narrowing wedges in the price action and RSI, we saw a breakout in an upward direction. To identify the strength of the breakout, we look to the volume and see that it has quite low buying volume indicating this upward trend does not have much steam and will reverse course down ward soon.
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