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we take care to avoid risks in the capital market by buying shares on the stock market
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https://lnkd.in/eXMR6YY what about growth stocks?
High octane growing stocks have been slaughtered for the past 4-6 weeks. sand line for the sector is the $ 110 level for ARKK. This area has been tested several times in recent days and support is holding.
Staying above the key support level is a good first step, but now we need to see some follow-up action and ARKK restarting a short-term uptrend recovery.
With a long-term horizon of several years, there is nothing wrong with piling a few stocks down as long as you have the cash to keep buying in the future.
For medium-term positions, it is better to wait until the short-term trend turns bullish again. A move above $ 130 on ARKK could be an important green light in that regard.
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