$ARKK looks really good here. 3d rsi eq retest with a wave 2 box hit. expecting waves 3, 4, and 5. tarageting $71.20
- ARKK has broken through the ceiling of a falling trend channel in the medium long term. - This indicates a slower falling rate initially, or the start of a more horizontal development. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 46, ideally with an increase in volume, signals a further rise. - ARKK is...
ARKK seems to have started wave 3 to reach ATH and above Expected to reach 37 before the bullrun starts
Short ARKK interests me a lot actually here for a re-test of at least 45$. Pulling back into the anchored vWAP cloud now.
We tend to think rationally this way, if the price can/will goes down to 0.80 , why do I want to buy at $1 ? The million dollar question is IT MAY or IT MAY NOT. If you are so certain, then probably you would pawn everything you had and go ALL IN and make a big bet out of it. The reasons you hold back is the question of "WHAT IF" I am wrong ? Call it fear,...
28th Jan 2023 ARKK may shine once again after reaching the lowest $30 in year 2022. May slowly nimble in with strict $30 SL. Support: 30 Resistance: 49 (short term) Resistance: 63 (Mid Term)
Cathie's ARKK continues to sink, lol. I told everyone to stay away from this garbage. Biggest holdings are ZM, EXAS, TSLA, ROKU and SQ. TSLA really tanked this garbage, it was the only thing propping it up until recently. No position, I just think it's hilarious anyone actually buys this fund. How does she even have a job? WHy do people keep interviewing her...
ARKK is looking oversold for the time being. Looking for a nice DCB before seeing some capitulation sell off.
ARKUSDT remains in the downtrend. Both in a short-term and long-term perspective we're expecting the downtrend to continue. Recently Binance delisted ARKBTC trading pair which is not a good sign for this project when it comes to long-term predictions. On the lower degree the price remains under the downsloping resistance line creating lower highs. Support at...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for ARK Innovation ETF (ARKK). The chart is self-explanatory. I have been providing warnings since December 2021 so I hope you followed along. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just...
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ARKK massive bullish divergence on weekly Entry at 32.25 in Cash position No stop loss
The ARK Innovation ETF (ARKK) has been holding the 33.30 Support since the October 10 1W candle. As shown on this 1W time-frame, this is the Support that was formed on the March 16 2020 low during the COVID crash. Perhaps the most important development here is that, while the price has been on Lower Lows since June 13, the 1W RSI has been on Higher Lows, flashing...
ARKK is complete garbage with many of the stocks in the ETF now breaking to fresh lows. I originally thought we'd bottom in the $45 range (you can see how that panned out in the previous analysis below), but it turns out I wasn't bearish enough. Now, I think we're likely to see a capitulation move down to $22 before it starts to recover. If we look at the chart,...
TSLA lost support and it's the second biggest ARKK holding. I told you months ago that this crap fund would underperform the market because she's trying to catch the proverbial falling knife on garbage stocks. While the market rotates into money making stocks, she's buying money losing garbage: finance.yahoo.com Worse yet, the few stocks she owns that actually...
Following ARKK to see when the selling in the bear market will end and hope to pick out from the carcass. Earnings expectations have come down on many names but the broad market as measured by sp500 is still expecting growth for the forward years. If we do get recession, the Earnings forward expectations may have to change. ARKK IWF SNAP PLTR BTCUSD SPY DIA
Opinions aside about ARKK, despite being a toxic mess (sorry, I could not avoid an opinion), the only thing that matters is 39.79 (RED) . Prices have failed to get back above it convincingly, and unless they do, gravity will take hold. Neutral for now, awaiting what the market decides to do, but our edge is knowing the price level from which to decide.
Roku is one of Cathie Wood's holdings. I think in the short run ARKK could have some bullish movements. this could lead Roku to test 70th level