When the Price of (ARKG) Talks, People Listen
July 15, 2024, 19:40 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ARKG
- Buy ARKG slightly over 25.21 target 28.87 stop loss @ 25.14 Details
The technical summary data tells us to buy ARKG near 25.21 with an upside target of 28.87. This data also tells us to set a stop loss @ 25.14 to protect against excessive loss in case the stock begins to move against the trade. 25.21 is the first level of support below 25.33 , and by rule, any test of support is a buy signal. In this case, support 25.21 is being tested, a buy signal would exist.
- Short ARKG slightly under 28.87, target 25.21, stop loss @ 28.95 Details
The technical summary data is suggesting a short of ARKG as it gets near 28.87 with a downside target of 25.21. We should have a stop loss in place at 28.95though. 28.87 is the first level of resistance above 25.33, and by rule, any test of resistance is a short signal. In this case, if resistance 28.87 is being tested, a short signal would exist.
Swing Trading Plans for ARKG
- Buy ARKG slightly over 25.5, target 28.87, Stop Loss @ 25.43 Details
If 25.5 begins to break higher, the technical summary data tells us to buy ARKG just slightly over 25.5, with an upside target of 28.87. The data also tells us to set a stop loss @ 25.43 in case the stock turns against the trade. 25.5 is the first level of resistance above 25.33, and by rule, any break above resistance is a buy signal. In this case, 25.5, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ARKG slightly near 25.5, target 25.21, Stop Loss @ 25.57. Details
The technical summary data is suggesting a short of ARKG if it tests 25.5 with a downside target of 25.21. We should have a stop loss in place at 25.57 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 25.5, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ARKG
- Buy ARKG slightly over 25.5, target 26.27, Stop Loss @ 25.44 Details
If 25.5 begins to break higher, the technical summary data tells us to buy ARKG just slightly over 25.5, with an upside target of 26.27. The data also tells us to set a stop loss @ 25.44 in case the stock turns against the trade. 25.5 is the first level of resistance above 25.33, and by rule, any break above resistance is a buy signal. In this case, 25.5, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ARKG slightly near 25.5, target 25.21, Stop Loss @ 25.56. Details
The technical summary data is suggesting a short of ARKG if it tests 25.5 with a downside target of 25.21. We should have a stop loss in place at 25.56 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 25.5, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Ark Genomic Revolution Etf (ARKG) available here: ARKG.
ARKG Ratings for July 15:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Weak |
P1 |
0 |
0 |
21.48 |
P2 |
25.46 |
24.13 |
25.21 |
P3 |
26.27 |
25.5 |
28.87 |
AI Generated Signals for ARKG
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Ark Genomic Revolution Etf (NASDAQ: ARKG) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for ARKG can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ARKG: