An extract from today's Active Trading Plan.
BLOK is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively involved in the development and utilization of blockchain technologies.
- The ETF is looking to reclaim support as it’s above it’s current pivot.
- Off the highs of 62.94 and has been in a multi-month consolidation.
- Look for a print and close above 48.30 to get long for a potentially trade to 55.00 to 56.00
BLOK is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively involved in the development and utilization of blockchain technologies.
- The ETF is looking to reclaim support as it’s above it’s current pivot.
- Off the highs of 62.94 and has been in a multi-month consolidation.
- Look for a print and close above 48.30 to get long for a potentially trade to 55.00 to 56.00
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