DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
Keep your eye on Ark. It has a beautiful weekly chart that appears to have broken out of a 4 year wedge. It's a low cap alt so entering early could be very lucrative as this price could really fly! Just relax, hodl, and let Ark do the rest. The height of the wedge is 42x its current price to give you an idea of the long-term potential.
DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
Ark Innovation ETF - ARKK - Technical outlook is bright? Found support in he 61.8 % fibonacci level. Technical longterm price target $160? We will see?
ARKBTC on H4 has broken above the Descending channel and triangle as well. It will go down for a pullback then it is expected to go higher.
⬆️Buy now or Buy at 0.00002651
⭕️SL @ 0.00002425
✅TP1 @ 0.00003100
✅TP2 @ 0.00003200
✅TP3 @ 0.00003300
✅TP4 @ 0.00003500
✅TP5 @ 0.00003650
✅TP6 @ 0.00003900
✅TP7 @ 0.00004150
Check...
It looks like wave 2 has not completed yet. If we get a bounce and rejection off of the DTL and PoC line, and break the support around 82, we could see a completion of wave 2 around 75-76 followed by wave 3 to 110+
ANALYSIS 🔎
- ARK/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.0000339)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
-...
Bulls need to step in soon. ARKG recent 100MA death cross the 200, 2nd retest of downward channel and 200MA fall . Not looking good and 72 first target.
If bears lose control, we see a breakout of the channel back up to 93 resistance levels.
Really nice volume shelf support at 83... this needs to hold.
Opened an 85/90 debit spread for 9/17 to be closed if...
ARKUSD had a nice bounce of a historical line of resistance on the weekly USD chart. With V3 around the corner, smart transactions and deployer coming to Ark, this could be what pushes it to test previous highs of ~$8
In the chart you can see a schoolbook Head And Shoulders Bearish Chart Pattern.
Theory says that you measure the distance from the neckline to the top and then consider the same distance to discover the bottom from the neckline down.
In this case it coincides with the strong 40usd support!
ARK also sold its positions in TCEHY Tencent Holdings Limited.
I`m...
Deep Learning, Data Center Paradigm Shift, Digital Wallets, Virtual Worlds,
Bitcoin Transition, EV's, Autonomy, AeroSpace, SLA (aka 3D Printing) and
Genome Science.
To ARK's credit - Transparency is not an issue, providing relevant and
timely information to Investors is a large "Chit" in CW's corner.
To ARK's debit - Youth, relatively new to Investing has...
Here is the weekly chart for ARKW, the ARK Next Gen Internet ETF
counting from inception, ARKW has completed a massive wave 3 followed by a deep wave 4 correction which means it'll have an equally powerful wave 5. Taking the equal legs target or wave 1 results in a 5th wave that does not cross the ATH, which means a true wave 5 should replicate the entire length...
DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
TICKER CODE: ARKQ
Company Name: ARK ETF TR AUTONOMOUS TECHNOLOGY & ROBOTICS ETF
Industry: Markets US Stocks Miscellaneous Investment Trusts/Mutual Fund
Position Proposed: BUY
Entry: NOT READY (63.50 - 65.50)
1st Partial Take Profit: 140.00 (Mid 2022)
2nd Partial Take Profit: Hold Positions till further advised
Note that timeline buffered, I would expect Full...
