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ARK INNOVATION ETF Upside Targets Exceeded. Now Trading Above $60

  • Writer: Lester Davids
    Lester Davids
  • Dec 5, 2024
  • 1 min read

Despite the initial volatility, the ETF has rallied significantly, exceeding the upside targets of $50.89 and $53.87. Now trading just below $61.00


Thursday 05 December 2024 (Time: 13h40)




Previous Post: ARK INNOVATION ETF: Here's Where It Triggers - Wednesday, 10 July 2024


With Tesla having rallied significantly, will ARKK follow? The short term structure appears healthy, with a trigger above $46.61. The upside targets are $50.89 and $53.87, with a stop-loss of $43.35.


To trade, you will need an offshore account.


Chart as of Tuesday evening 19h34



Lester Davids

Analyst: Unum Capital


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