Cathie's PoS fund can't rally because it's all money losing garbage stocks aside from TSLA. Rising rates will probably bankrupt half the companies in her portfolio. If this breaks support it's all over for Ponzi Woods. The only reason why a lot o those stocks went up is because Cathie bought a shitload. She's just another Bill Hwang. No position, just love...
Taking into consideration FOMC next week and the mid-term elections shortly after... I believe we will see 75bps added on interest rates and 50bps or even a " pause " in December, and this will bring a strong relief rallie on the markets, and especially risk-on assets like Bitcoin (late Q4) The FED doesn't have much more room to hide, and they will soon have...
Get on the sled of Santa Claus for your end of year rally. Take a look at Cathie Wood her picks in the ARKK ETF one more time and decide for yourself. SARK has made some gains the past weeks, but now it's time to leverage this baby. Buy in: 6.4 - 6.7 Target: 10.00 Stop-loss: 5.5 Not financial advice. Just sharing my ideas.
ARKK still stuck in range of this bearish channel since bottoming in May. If you follow the anchored vwap from the recent high of the most recent rally, we are also starting to reject this Vwap. Additionally the 50dma is acting as resistance. Big resistance evident at $46 I think this will work itself lower and possibly retest the big horizontal support zone at...
... for an .83 debit. Comments: Filled this for a 1.33 credit. (See Post Below). Out today for a .50 ($50) profit.
Cathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise. Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices . Fundamentally...
Market up big, but ARKK is flat because Cathie decided to chase TSLA, lol. TSLA down 7% today. You can't make money in a bear market by chasing stocks, I told everyone not to buy this ETF because that is what Cathie does. A monkey could do a better job of picking stocks, buying a random stock would be better than buying this ETF. Stay away. (No position, just...
... for a 1.33 credit. Comments: (Late Post; Filled on Friday). High IVR/IV at 62.9/68.6%.
Hello friends, today you can review the technical analysis idea on a 1W 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. Included in this chart is the Keltner Channel, recent Death Cross (50 SMA / 200 SMA), RSI, Volume. This is a weekly chart so have...
All my predictions about ARK invest in the past trading year were and are correct..! If you look at the average weekly Volume Price it is now 30-40 times higher than the same price range in July 2020, this will lead to full crash mode..! SQ earning in the next 2 weeks will push it outside the channel and accelerate the down move! You can see the most important...
Although there could be dark days ahead for tech depending on macro factors, much of the bad forecast could be baked in at this point. ARKK could be setting a floor on historical support levels if it successfully forms a higher low in this area.
Expecting bearish continuation to start with CRWD Everything is explained on the chart but we have a big bearish H&S complemented with a Bear Flag with strong monthly rejection from 200 & Neckline Have December 16th Options
We are looking at CRWD for the next big continuation down We have already booked over 300%+ from CRWD on the first leg down shorting from 220 to sub 160. Now we are looking for a pull back into the 170s or low 180s, ideal to continue short. There is a TON of bearish momentum on this play so there may be a early dynamic entry to secure positions however we are...
Today we have ZM (ZOOM) on the daily chart With the huge sell offs in the market we still see much more downside on the table especially for growth and tech stocks like ZM. We offered a bullish outlook that would have an inverse Head & Shoulders forming However to complete the right shoulder we would still need to sell down into the low High 90s We do have...
Ticker Symbol: $ARKK ️Timeframe: 4H ️AT THE SUPPORT, READY TO BOUNCE UP. ️Investment Strategy: LONG TECHNICAL ANALYSIS: TRENDSI ATS MONEY MOVEMENT SHIFTING UP : BULLISH LINEAR REGRESSION + TRENDSI: AT THE BOTTOM, WHICH IS AT THE SUPPORT RSI AND STOCHASTIC BOTH SHOWING BULLISH MOVEMENT. CONFIRMATION I AM WAITING: TRENDSI ATS GREEN LINE WITH GREEN DOT Follow...
... for a 2.23 debit. Comments: Opened this for a 2.92 credit. (See Post Below). Taking profit with 28 days to go in lieu of adjusting the setup to delta balance. .69/$69 winner.
Cathie's garbage fund is still in a slow channel up. Gonna short next time it hits the top of this channel as a short term trade (1 or 2 days). Pure garbage.
SARK has a downward wedgie going on, possible breakout tomorrow. ARKK daily MFI hit overbought Monday