follow trends because once they start to break on the downside, those gaps will start to close quickly.
Price targets are marked
Longer term chart, but something says it won't be long before we see some movement.
good luck
-n
I'm curious if in the short term ARKK may underperform at the 40 handle. I believe some growth names like DASH, DOCU and SNOW may have gotten ahead of themselves and are worthy of another pullback at least for now..best of luck traders
AMEX:ARKK moved nearly 8% higher since I shifted my focus towards small-cap potential in my initial post. Price is currently testing supply and approaching my target of $45. In anticipation of a potential market pullback next week, I may consider trimming my position. However, I'll continue to monitor the market closely and keep an eye on the gap fill above $46.41.
Needs above that 73 and this could be headed back towards its ATH and more
If dips ever appear and this trades sub 50's load it.
Buffett likes it, so do I
all you need to know
PLTR is on my radar. I'm buying commons down here at these lvls continuously, i believe it'll PAY out in the long run.
Chart is posted with Resistance and Support lvls range near highs/lows (dotted)
Anywhere under 15$ continue to buy Palantir. Cathie sold a shit ton.
Zillow tested the dynamic supports on the 4 hour today and bounced. It is currently holding well above the horizontal support at $96.82. If uptrend continues, Z could retest $115 which is pretty close to the 200 MA on the daily. - HH
ARKK making a strong name for itself after the Jackson Hole meeting. Are we nearing the breakout point or will we continue to see more waiting and what will ultimately happen with the ARKK index at this juncture? We will see! Good luck traders :)
The 120 level on ARKK continues to act as a very prominent level. What would you do?
ARKK 120 features a prominent low volume node and now we have a chance to meet this level with the falling trendline that starts from the Feb high to the June 2021 lower high. Together these forces will meet and ultimately decision in the coming weeks. I'll let time tell me which...
PLTR working out beautifully as it broke out of its downward channel, now that the reversal is clear, we can watch this bounce off the 100 and 50 Day moving averages, giving this room to move exponentially towards previous ATH's.
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.
NNDM could consolidate this month as it finds itself breaking into an area of previous consolidation, but it still looks strong on the monthly, not topping RSI just yet.
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.
NYSE:SKLZ is a newly merged SPAC which build paid tournament (or gambling) experience into casual online games. And ARK Invest, most specifically AMEX:ARKW , has just newly bought in their shares on Jan 4th and has added another 200K shares just yesterday. From a pure technical standpoint I am not surprised it would breakout from its all-time high of 23.87 on...
As you are no doubt aware, Splunk posted disappointing earning and is up against stiff competition in it’s primary revenue. However, this is a technical analysis to highlight a couple of point aon why I’m watching this stock.
Look at the gap! When considering the data from November onwards, we see a huge gap up last month and a huge gap down just last...
