Nice bounce so far

in #finance5 years ago

With the Bitcoin bounce, ARKK is also bouncing

I bought this the other day around $100 and it's already seeing a nice bounce.

A 10% bounce is nothing in crypto, but in traditional finance that is a great move in a relative short period of time.

The bounce is partly related to bitcoin as ARKK added more bitcoin on the dip:

image.png

(Source: https://stockcharts.com/h-sc/ui)

At this point I think we dip a little from here next few days before the big move up begins.

The savvy trader would be selling here and buying back in a few days...

Do I dare?

Stay informed my friends.

-Doc

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I sold the bounce a shade under $112.

Bad news for TSLA pushed the price back down to 107$

So far looking like the right move.

Once this shows signs of holding up, I will be right back in.

This looks like a bottoming process to me.

Need to be in tune with the markets to capture the gains.

Nice bounce indeed!

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