Today’s Chart of the Day was shared by Pratyush Tulsian (@PrattyCharts). It's a chart of the Ark Space Exploration and Innovation ETF, $ARKX, since its inception six months ago. The top-weighted holdings in this ETF include $TRMB, $PRNT, $IRDM, $KTOS, and $LHX. Pratty points out that this ETF is breaking out to all-time highs. With very little price history, it's tough to say where this ETF will eventually find resistance. But one thing is for sure, all-time highs are certainly not bearish for this new ETF.
Chart of the Day - Thursday, September 2nd, 2021
September 2, 2021
