top of page

ARK Innovation ETF's +54% Gain. Last Night, The ETF Traded Above $71

  • Writer: Lester Davids
    Lester Davids
  • Jun 26
  • 1 min read

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za


Despite the initial volatility, the ETF has rallied significantly, exceeding the upside targets of $50.89 and $53.87. Last night, the ETF traded above $11.00


ree

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


ree

Lester Davids

Senior Investment Analyst: Unum Capital


Comments

bottom of page