TARK is an actively managed 2X leveraged ETF aiming to return 200% of the daily performance of ARKK. The ETF is trading in a strong uptrend and may have formed a bull flag pattern on the daily chart.
SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.
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