ARKG - great long-term stock to have, but using TA we see that it is likely to fall below the 107 level (also a fib line here). It has been following a 5 part pattern since December and has been trading in an ascending triangle. According to the Stochastic RSI, we are likely to see a small pullback (from 2 to 3) before rebounding upwards. The key level upwards is...
Technical Analysis Since early December, we have had over a dozen tails on the purple up-trend arrow drawn in. The 50sma is now coming into play, as a break below that, could take us another 20% down to the 100sma. An appropriate level to exit the trade then, would be below the 50sma. There also horizontal support as we fill the gap. Important Note:...
$ONEM is a solid company that Google has invested in and also it is a part of Ark Investing ETF ($ARKG) run by Cathie Wood, you can see how this stock has generated a nice uptrend with good dips to jump in, DYODD, not financial advice!
waiting for a breakout... any day now...
Did $ARKG just put in a short term top? $97 bound. C-Dub fans - please don't hate on me. This Eth is going to $200+ eventually but could use a ABC correction. Start loading in the $90s if we see it.
ARKG looking a little overextended, finally cooling off a bit at the top. It might retract to it's 50 MA on the daily. It bounced today off it's November break-out anchored VWAP while volume continues to be higher than normal. There's a gap below the 50MA that could get filled if we drop lower.
ARKG Created an all-time-high at 114.81, since then it has failed to find a support level past the breakout zone at 108.62, seeing as it has pushed below the failed support level, I can see shorts into 92.38 before a possible rebound pack into the upside. Leave some comments below of your opinions and don’t forget to leave a thumbs up if you find this post helpful!
Palantir (PLTR) we missed you in action in the last month and a half... I covered what the company does and how in the previous idea I wrote in Nov -link here So Palantir acquired new contracts in the health sector last month and as it seems now – their technology can integrate in any major corporation and improve efficiency dramatically. This means that Palantir...
Wait for $75 to take a little profit... multi-decade growth story... No one was buying AMZN @ $8 or TSLA @ $25.... Seems the crew on board BNGO is a very much like a cult... good luck trying to short or steal shares from these longs... guys look like fort knox. long and strong. $15 soon...
Is $CRWD ready for an $ABC correction to $195 CRWD is definitely a leader in its space but this run looks a bit extended and exhausted along with a potential corrective wave to $195. Use options to define risk as premium paid. Suggested options to use: Feb 5 Weeklies $200 put trading at $4 a contract.
I am not one to speculate on future pattern formation but I am on the watch for a possible head and shoulders forming on ARKG. The pattern (if it ever forms) is missing the completion of the right shoulder so for now I will just wait calmly and see how it unfolds. The Stochastic and RSI are curling up, which could propel a price increase in the short term (and...
Indicators point to correction underway, but will that stop an ETF which seems to defy gravity ? A buy may be comming ... LONG after correction completes … IF IT HAPPENS
After yesterday's session, ARKG broke out of the bullish channel into the stratosphere. Skies the limit until the next blow-off-top. PT 100, Stop-loss 91.
Ark Invest is a fund managed by Cathie Wood. I've been following her for about 5 years. She's probably had the best calls I've seen in the stock market since 2015. I looked through all of Ark Invest's ETFs this weekend: ARKG (genomics), ARKW (Next generation internet), ARKK (Innovation), ARKQ (Autonomous tech & Robotics), and ARKF (Fintech innovation). ARKG...