Trading (ARKD) With Integrated Risk Controls
December 20, 2024, 12:30 pm ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ARKD
- Buy ARKD near 45.28 target 51.94 stop loss @ 45.15 Details
The technical summary data tells us to buy ARKD near 45.28 with an upside target of 51.94. This data also tells us to set a stop loss @ 45.15 to protect against excessive loss in case the stock begins to move against the trade. 45.28 is the first level of support below 51.88 , and by rule, any test of support is a buy signal. In this case, support 45.28 is being tested, a buy signal would exist.
- Short ARKD slightly under 51.94, target 45.28, stop loss @ 52.09 Details
The technical summary data is suggesting a short of ARKD as it gets near 51.94 with a downside target of 45.28. We should have a stop loss in place at 52.09though. 51.94 is the first level of resistance above 51.88, and by rule, any test of resistance is a short signal. In this case, if resistance 51.94 is being tested, a short signal would exist.
Swing Trading Plans for ARKD
- Buy ARKD slightly over 51.94, target 53.5, Stop Loss @ 51.79 Details
If 51.94 begins to break higher, the technical summary data tells us to buy ARKD just slightly over 51.94, with an upside target of 53.5. The data also tells us to set a stop loss @ 51.79 in case the stock turns against the trade. 51.94 is the first level of resistance above 51.88, and by rule, any break above resistance is a buy signal. In this case, 51.94, 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 ARKD slightly near 51.94, target 45.28, Stop Loss @ 52.09. Details
The technical summary data is suggesting a short of ARKD if it tests 51.94 with a downside target of 45.28. We should have a stop loss in place at 52.09 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, 51.94, 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 ARKD
- Buy ARKD slightly over 51.95, target 53.5, Stop Loss @ 51.83 Details
If 51.95 begins to break higher, the technical summary data tells us to buy ARKD just slightly over 51.95, with an upside target of 53.5. The data also tells us to set a stop loss @ 51.83 in case the stock turns against the trade. 51.95 is the first level of resistance above 51.88, and by rule, any break above resistance is a buy signal. In this case, 51.95, 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 ARKD slightly near 51.95, target 45.28, Stop Loss @ 52.07. Details
The technical summary data is suggesting a short of ARKD if it tests 51.95 with a downside target of 45.28. We should have a stop loss in place at 52.07 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, 51.95, 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 21shares Blockchain And Digital Economy Innovation Etf (ARKD) available here: ARKD.
ARKD Ratings for December 20:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
38.91 |
| P2 |
51.95 |
53.5 |
45.28 |
| P3 |
55.16 |
56.9 |
51.94 |
AI Generated Signals for ARKD
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for ARKD:
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