We are rollin on 2 hour. Still above the pattern support. Breakout was Friday. Buyer at 45.26 I have been buying this level a few times today. If I breaks next support 44.83. I am lookin at this potentially being a retest of pattern breakout. Target 54$ this is inverse of ARKK so as that has been weak this looks to be gearing up. 47 is a huge resiatnce also a big EMA that we still need to clear as well as daily ichumchi cloud which is green I may add but I am super pumped on SARKK and from technicals it looks very bullish. Watchig 1 hour rsi to confirm a retest of pattern breakout which could insinuate a little more downside based off 1 hour but def keep eyes on 45.26 as we have now bounced 3-4 times off that previous resiatnce
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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.