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amfunk
Feb 22, 2021 9:25 PM

ARKF Yet Again Long

ARK Fintech Innovation ETFArca

Description

Juicy sub $60 dip I've been waiting for, but since ARKF broke out of my trend channel I might be a little careful since spikes in volume are a good way to create alotta bagholders. I just don't want to end up like ICLN.

However, statistically speaking, ARKF has a good pattern of following Fibonacci retracements. For that, I will be trying to enter at around $55.

SQ has earnings tomorrow, 2/23 so I'm expecting it to sell off on good earnings like the usual. That might bring down PRPL along with it. I've been watching SQ since forever, since sub $200, and I kept thinking wow is SQ really gonna break $200 that soon? Little did I know low interest rates and the printer is still going brrr. The best time to plant a tree was yesterday, and the next best time is tomorrow. But idk man I'm not really tryna plant a tree in the Winter.

Comment

Should've been patient and held out cuz my 70c 1/21/22 was down $90 at it's lowest, not terrible honestly. but I see this going relatively sideways for some time.

Comment

potential cross over spotted on the 2 hr, and what looks like to be the start of a reversal on the 3 & 4 hr. lets fucking go
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