I opened a position in 
BEKE around Mid Dec, 2020 on what I thought was a breakout over the resistance line I've drawn in. However, it was a false breakout and I was eventually stopped out of the trade. It has gone on to make a lower low from the last low and seems to be moving back toward the resistance level. I'll be watching for it to break through that resistance again at which point I'll be looking for a proper entry. Also of note, the ARK ETFs have been accumulating this name on most pullbacks. All TBD. Ideas, not investing / trading advice.
BEKE around Mid Dec, 2020 on what I thought was a breakout over the resistance line I've drawn in. However, it was a false breakout and I was eventually stopped out of the trade. It has gone on to make a lower low from the last low and seems to be moving back toward the resistance level. I'll be watching for it to break through that resistance again at which point I'll be looking for a proper entry. Also of note, the ARK ETFs have been accumulating this name on most pullbacks. All TBD. Ideas, not investing / trading advice.Note
Jan 22. Looks like we had a decisive break above the previous resistance area on $BEKE. However, I don't like the tall upper wick left from yesterdays trading (1/21). It tells me the bulls weren't strong enough to hold it's prices. I'll wait for this to consolidate it's gains (get some sellers out) or jump on with convincing up volume. My idea still remains the same as above.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.