ARKF Stock Tickeron detected bearish ETF Pattern: Wedge Rising ARKF on July 24, 2024, netting in a 3.90% gain over 1 week

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07/26/24

+3.90% Gain from a Successful pattern Wedge Rising

ARKF - ARK Fintech Innovation ETF

Ticker: ARKF

Company: ARK Fintech Innovation ETF

Gain from shortening: +3.9%

Confirmed: 07/24/24

Succeeded: 07/25/24

Total length: 13 days

On July 12, 2024, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for ARK Fintech Innovation ETF (ARKF, $28.24). 12 days later, on July 24, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 25, 2024, the stock hit the target price of $27.15 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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