Why I think ARKK is in Bearish Trend and will sink more: 1- 39% correction in 61 trading days 2- Trading below 200 EMA 3- Negative money flow since March 2021 Main resistance levels: 109-111-117 Support Level: 97-100
TICKER CODE: ARKK Company Name: ARK Innovation ETF Industry: Financial | Exchange Traded Fund | USA Position Proposed: SELL Technical Analysis 1. Falling Wedge Pattern (Potentially forming) 2. Large Head & Shoulders (Completed) 3. Fibonacci Retracement at 0.786 is at the market key structure 4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the...
I have published many short analyses on ARKK, and other funds managed by ARK Invest and Cathie Wood. Some people may think I have personal problems with her or ARK Invest, but this is not true. I do research and analysis in the financial markets since 12 years ago. I started this when I was a 4th-grade medical student. Since I was, and I am a bookworm, it...
A weekly chart of TSLA will show us the longer term trend, which fate could be tested at the $550 level, which is coincidental with the 61.8% Fibonacci Retracement, a break below this level suggests the next target on the downside is $330 approximately. There is a slight divergence with the RSI, when you take a look at the last bottom. (Bearish) I will be...
(Opinion Only)
Here's what's paying for premium sellers as of Friday's close ... . For those of you not familiar with my general process, my general order of preference is to trade (a) broad market; (b) sector exchange-traded funds; and (c) single name, in that order. If broad market isn't paying, I look at exchange-traded funds, and -- if those aren't paying -- I look at...
If true, it will also bring $ARKK to the demand zone.
Cathy likes to hit the BUY BUY BUY button. flood money into positions. Does she like to hit the SELL SELL SELL button too? What do floods do? They flood in AND flood out.
ARKK ETF is a growth ETF created by Cathie Woods that has grown around 500% since its release in 2015. ARKK ETF stocks are a conglomerate of growth stocks that are identified by the analysts at ARK, the stocks are carefully picked out depending on their ability to produce profits. Since ARK holds a diverse portfolio in a wide range of stocks, it usually follows in...
This is an important week for ARKK and Cathie Wood. Following pre-market doom and capitulation we are seeing a bounce to the long-term support level. Hoping this can resume and break above 111 and maintain support above the 200 EMA. A close below 96 would indicate a further drop.
On February 22th, 2021, I published analysis on ARKK when it was 143.75, those who were fooled with social media propaganda of ARK Invest trashed me so bad in their comments, but I think market teaches them their lessons in the hard way! On April 29th, 2021 I talked about ARK invest apocalypse! This time it went down 14.4% in 6 trading days with increased...
... for a 1.94/contract credit. Notes: 30-day implied at 56% and weak. I don't what the particular reason for the oddball strikes is, but rolling with it. 2.26% ROC at max as a function of notional risk. Generally, will take profit on approaching worthless or take assignment, sell call against if that happens.
If TDOC stays under 167 it can make its way down to 154, 148, 135. If TDOC can get back over 175, it can make its way back up towards 190.
Arkk looks ripe for a trade... I also see an H&S pattern with a reverse right shoulder which completed the move and ready for a reversal... (Neckline @$130.59)