Hey Market Pilot,
Often, when a ticker becomes oversold, we are accustomed to thinking it could bounce. However, lately, that has not been the case. Many names on my watchlist are still managing to sink lower, despite being extremely oversold.
In the video above, I’ll cover…
- Deep-dive into ARK Innovation ETF (ARKK) and why its chart is showing me a bearish pattern
- A closer look into PayPal (PYPL) and their steady decline
- Coverage on why Block Inc (SQ) saw a pop, only to fall further
In a market like this, price can always go lower, so I remain cautious overall. Remember to adjust your risk accordingly!
Your Profit Pilot, TG
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