ARKX | Continued stock growth
ARK Space & Defense Innovation ETF BATS:ARKX
- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 31.03
- Take Profit: Open
- Stop Loss: 29.50 (-4.90 %)
Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
