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Myantman101
May 31, 2023 11:43 PM

Back on an ARKK Long

ARK Innovation ETFArca

Description

Hello! If you are a follower and have been following my content I am happy to say that I am back! If you are new, welcome! I have been established as an options swing trader and became so successful that I bought a house. Now I am interested in real estate investing and have built a "Top 10 Picks" Portfolio with my top 10 picks that I will be spreading my money over in an attempt to save for a second property to soon rent out. This is a medium term goal of 2 years and I will be discussing my investment strategies, fundamental research on the "Top 10", and other general information about my top 10 picks. ARKK has been an ETF that I am highly interested in and was brought to my attention by YouTuber Andrei Jikh. He is a great investor/market analyst to follow and adds some humor to his videos. Back to ARKK! ARKK is an ETF that is actively managed by Cathie Wood. She does her own research and invest in companies that are high growth or have potential for high growth. Investments not meeting her growth standards are dumped and she is constantly searching the market for the best investments, With this there is a high expense ratio of 0.75 due to amount of work put in by the investment firm. Based on technical analysis it can be easily predicted that ARKK will rise tomorrow and retest a previous level of resistance at 41.30 a share. Based on the MACD, I believe ARKK has the potential to break through resistance. ARKK TOP 10 FACTS: Currently 40.37 a share, I am up 1.41% ( One day into the investment ) and this is in first place for performance in my portfolio. Follow to get random information pertaining to ARKK along with technical analysis, future price movement predictions, and more!
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