ARK Innovation ETF

Interesting 'curling' behavior after an incremental low

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This may not be new to many of you however I'm always trying to learn and identify common behaviors to help me understand how to react to market movement. Here is ARKK at the 1h view and noting that each time an incremental low was achieved, the price movement 'curled' upwards and either then continued down or reversed direction and continued up. This helps me understand when to scale back on investments that are underperforming in the nearer term.

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