Looking at the structure formed since the friends were listed, we see a nice descending wedge pattern and that it has turned away from the wedge support multiple times before, which it couldn't break through previously.
As long as it holds above this support, the wedge resistance will be the first target. However, the targets I indicated horizontally above the wedge resistance are seriously strong and good targets. Of course, there is still some way to go, but keep them in mind already.
Additionally, upon closer inspection, for short-term traders, the daily six-time frame doesn't look bad at all. I am also attaching its chart separately.
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#ARKM
Current view...
Looking at the structure formed since the friends were listed, we see a nice descending wedge pattern and that it has turned away from the wedge support multiple times before, which it couldn't break through previously.
As long as it holds above this support, the wedge resistance will be the first target.
However, the targets I indicated horizontally above the wedge resistance are seriously strong and good targets. Of course, there is still some way to go, but keep them in mind already.
Additionally, upon closer inspection, for short-term traders, the daily six-time frame doesn't look bad at all. I am also attaching its chart separately.
Stay tuned.