Old Faithful - $SARK

$SARK

I grabbed some SARK 0.00%↑ yesterday when it kissed that rising 21 day and closed every so higher. I sold it prematurely this morning, locking in a small quick gain.

Then decided to reenter it heading into the close.

This is just a 5 minute chart, and it shows that price respected that VWAP basically all day today (hence my saying I sold prematurely).

I’m increasingly not liking what I’m seeing out there, and this usually my go to ETF for that environment. I’m going to hold SARK 0.00%↑ with a downside to that rising 20 day, hoping for a gap fill near $44-45 at a minimum. Risk / Reward parameters are highlighted in the first chart.