this is really simple; oversold bounce (ARKK)

i dont think i need to spell it out for people when i say this is oversold, and should bounce. yes this thing really collapses when the market takes an unexpected turn down, but then it makes very predictable reversals. we should hit that vwma. whether it is resistance or not we shall find out.
Chart PatternsetfsTechnical IndicatorsTrend Analysis

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