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$ARK stayed up late last night watching the charts and almost missed it. A violent 15-minute pump of 35%, going straight from 0.1011 to 0.1366, with trading volume doubling to $7.1M. Such sudden abnormal movements are either the start of a main uptrend or a show of distribution by the主力 (major players). I'm betting on the former, but I have to set a stop loss.
Don't ask why it's rising; the news is as quiet as a ghost town. Technically, 0.1011 was the low from the past three months, and 0.1369 is near the ceiling touched yesterday. If it can hold 0.13 today, the next target is 0.15. Operation suggestion: If you want to go in now, enter lightly at 0.1366, set stop loss at 0.125 (8% loss), take profit in two parts: first at 0.145, second at 0.155. If you're slow, wait for a pullback to the 0.12-0.13 range before getting in. Don't chase highs; such straight-line pumps are prone to retracements.
Control position size to within 2%. ARK has a history of plummeting after pumps, so safety first. Ask in the comments if you don't understand.