Fluxus_Z

3/31 ARKK breakout and possible correction first

AMEX:ARKK   ARK Innovation ETF
ARKK broke out the wedge, sitting just above 200dma and 50dma. MACD coiled.
Possible correction before more upsides, especially after TSLA delivery number comes out this weekend.

Upside price target
1) 43.76 Feb 16 high
2) 45.46 Feb 2 high =SPX 4200

Downside level
1) The trend line and March 28 Low
2) Red support zone

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