In the session of Friday 6 March, ARKK tested the green trend line (long wick) that it broke through to upside above in July 2020. It had retested that line in July, September, October, and November before the big winter 2020/2021 rally. The RSI(7) bounced out of oversold conditions the February 2021 selloff, and has since gone back into oversold. We are now looking for it to exit oversold conditions again to confirm the start of a new rally, which seems most likely to leave it in either two of the flag scenarios.