ARKK potential Breakout to 66 - 70s before new year !After an impressive climb, ARKK’s price has paused near $56.21, forming a classic bull flag pattern. This is a textbook signal: a strong initial rally followed by sideways consolidation, often hinting at continuation in the direction of the previous trend. The trendlines reveal the ETF is compressing, building energy like a coiled spring.
The moving averages are lined up perfectly for bulls. The short-term yellow moving average is trending well above the long-term blue one, confirming the stren
Arkkinnovation
ARK || R/R = 3:34Ark (ARK) is a cryptocurrency and a blockchain platform designed to foster an ecosystem of interoperable blockchains. The ARK platform aims to make blockchain technology more accessible and efficient by providing tools and services that simplify the process of creating and deploying decentralized applications (dApps) and blockchain-based products.
News:
Weekly Development Report Released.
Sorry for the missed part of the chart,
SL = 0.6255
TP1 = 1.0401
TP2 = 1.2584
TP3 = 1.6117
🔁 Are Trimble Stocks Ready For Rebound To Pre-Inflation Highs Trimble is a company that specializes in software for navigation, guidance, and control of equipment for various industries, including construction and agriculture, trades at $54 per share, about 37% below the level seen two years ago in December 2021.
Looking at a slightly longer term, NASDAQ:TRMB stock has faced a notable decline of 25% from levels of $65 in early January 2021 to around $50 now, vs. an increase of about 25% for the S&P 500 over this roughly 3-year period. However, the decre
ARKK Innovation ETF - Potential Break OutARKK Innovation ETF
I have been in since $45.87 with a small position.
AMEX:ARKK is typically offered with leverage so if you do take a position keep it whimsical and margin high. For me this is a long term, very small position play but we could have a break out here, so i thought i would share.
The chart speaks for itself, price has just raised its head above the high volume traded levels and may be breaking out of a head and shoulders pattern whose target matches the 1.618 fib ext an
Now would be a good time to short the Nasdaq Index...Short term resistance has been met and the Nasdaq has just recently broken through its short term support. This would indicate to me a correction will follow taking the price of the Nasdaq back down to medium term support.
After this i would exercise caution, any short term bounce may be followed by another breakdown in the medium term support. Then the Nasdaq may head lower into the long term support range which is typical after such a long bull run in tech stocks.
The catalyst for this corre
ARK Innovation ETF ($ARKK) Approaches Double Top
### Stock Market Update: ARK Innovation ETF ( AMEX:ARKK ) Approaches Critical Double Top
#### Key Technical Level for AMEX:ARKK
The ARK Innovation ETF ( AMEX:ARKK ) has reached a pivotal point on its chart, forming a Double Top pattern at $45.16. This pattern is a crucial indicator in technical analysis, often signaling a potential turning point in the stock's trajectory.
#### Strategy for Long Positions
For those currently holding long positions in AMEX:ARKK , this level presents a stra
ARK Innovation Support Area to Watch for BounceHi Guys! This is a Technical Analysis on ARK Innovations ETF (ARKK) on the 1 Week Timeframe.
Jumping right in:
Our current Price action is currently bouncing off a Confluence of SUPPORT Test
We tested this Confluence of Support area the prior 2 weeks.
The Confluence involves:
1. 50 SMA
2. Support Line of the Uptrend Channel
This would make an area to go LONG.
We are currently in the process of testing RESISTANCE from 21 EMA
Since this is one the 1 Week timeframe, we need to observe how t
Palantir and Arkk Comparison 57% ProfitPalantir SPLTR & SARKK Comparison
These charts are so similar. Arkk looks like it is about to repeat Palantir's 57% move
- RSI positive divergence
- Head and Shoulder reversal bottom
- Price above 200 day MA & the POC
AMEX:ARKK appears ready to break away from the H & S.
Your stop should be placed just under the H & S baseline.
Are you in?
TESLA: Price drop of 30%, SELLJan 23 Prices Model M: USD 66,000
Mar 23 Prices Model M: USD 42,000
Drop of 30%, but sales increased by only 5%.
The EPS Estimates for March earnings per share is $0.85, a drop of 32%: that means price cuts directly ate into the bottomline.
The March '23 EPS would be its Biggest Drop in years.
Is that the reason of the ill timed price rise after a day of the annnouncement of Price Cut !!
Target USD 135
I wasn't bearish enough on $ARKK, going to $22 before bouncingARKK 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, ARKK broke through it's final support and now the only thing that can hold it up is the minor support at $35 that's already been teste
ARKK: looking more buoyant, but could take on water againOpinions 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.
-3x Short ARKK ETP -> Santa Claus RallyGet 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 : The Innovation Fund. SELLCathie 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 speaking the FAANGs & MAMAA's of the world are still grossly overvalued in the interest rate stabilising world, note it that I neve
ARKK ARK Innovation: 1D Chart ReviewHello 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. The price is currently in a Descending Parallel Channel with the RSI oversold so there may be a short term upward price movement, however the overall trend is still down. I put in multiple support lines to keep an eye on. If price moves back up, expect the areas I noted as major resistance areas.
Included in the chart: Trend line, Support and
ARKKK bear market leading the way down?Here we have ARKKs bear market pattern overlaid with US100. Just pointing out a possible pattern. Fully expect markets to rally with the end of May and into June which would be similar to how ARKKs bear market has played out so far.
Maybe things get spicy like they have for ARKK? Time will tell as the "crash" would be next year, so plenty of time to see how this plays out and observe.
U
$ARKK bottom somewhere between $45.92-60.02?Many people seem to be interested in going long $Arkk because it's already fallen substantially. However, the chart tells me there could be continued downside to come over the next 2-3 months.
I lean towards the bottom not being until we hit $60.02-45.92, and my bias leans towards the middle to lower support being hit before seeing a trend reversal.
Stay safe out there.























