Short Term - We look to Buy at 11.87 (stop at 11.05)
Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 12.00. We look for a temporary move higher.
Our profit targets will be 14.31 and 15.49
Resistance: 14.50 / 15.80 / 24.50
Support: 12.00 /...
ARKK - The bearish sentiment and hate against miss Cathie Wood is pretty strong as her flagship ARKK fund has gone from a high of $160 to low $35 this past week, nearly erasing ALL gains and now total 5 year return in line with the market at 13.8%. If you're a contrarian, you love the idea of going long here.
I prefer technical and price action which as of now I...
Hi guys, i think that after all Cathie Wood could have right on Bitcoin projection.
However she manage billions of dollars, so why don't follow in her analyses?
500k is not a small target, by 2030 means that Bitcoin will have reach 10 trillion market cap, not a small deal for sure.
I expect Bitcoin to be in a bear market for the next 2-3 years. Big reset is coming in Bitcoin and no one expects it. Take your profit off the market and wait the right moment to get in. People like Michael Saylor and Cathie Wood will loose hell a lot of a money and once Bitcoin reach a $21000 a margin call will start to hit this guys. Be prepared!
Like many people, I've lost $$$ falling in love with Cathie
Cathie has literally destroyed my portfolio.
Does shares bought at $150-$130 are now worth a quarter of that.
What is going on with ARKK and are we going to see more lows?
All ARKK ETF’s continue to underperform relative to the S&P 500 is growing and Teladoc Health, one of ARK...
“Surveillance capitalism unilaterally claims human experience as free raw material for translation into behavioral data.”
In an era where Cathie Wood launched a fund about business and financial surveillance
the counter narrative will be in support of freedom and privacy.
Zcash vs. ARK which will win?
Of course it was! The Double Top is one of the most obvious chart patters you can find:
And i think it might go just where it all started: at the Covid lockdown level of $59.
I know that today ARK bought around 400K shares, but i think they are wrong, ROKU hasn`t bottomed yet!
Looking forward to read your opinion about it.
Today I will share my view on Cathie Wood's ETF and the pending setup I have.
* The main structure of the current situation is the yellow descending channel , where we have been observing several contacts there.
* The confirmation for me to start thinking about bullish opportunities happened when the inner descending channel was broken.
* After that, I...
Today I will update my view on ARKK from the previous post I made.
I found it super interesting to see how one of the most renowned assets in the post-pandemic era has erased ALL its gains from the beginning of the bear market back in February 2020 until now.
From a logarithmic perspective, we can see that the current decline is the deepest one and almost...
Just tossing this one out there:
Cathie Wood's ARKK Innovation ETF is within 1% of completing a round-trip to its pre-pandemic highs. It's also at the bottom of a fairly major parallel channel that it's been forming since February last year. In purely technical terms, it looks poised for a bounce.
This is not a long-term hold, especially with Tesla as the top...
Well. i know that not all the people agree in how Cathie Wood handle the ARK fund investments, sometimes me neither, but i hope that she takes profits when she sale something, the true is that we have a market full of opportunities and i think a group of intelligent people driving ARKK can see the same. We have two options for this fund, going to $20s or bounce...
With investors moving from growth stocks to the safest dividend paying sector companies, the ARKK fund finds itself in a difficult position.
Once the interest rates go higher and money will be harder to borrow, my price targets from this ETF are $60, respectively $49 by the end of Q2.
Looking forward to read your opinion about it.
SARK or The Tuttle Capital Short Innovation ETF offers investors access to a short vehicle that may otherwise be difficult to execute on their own.
The fund attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF for a single day, not for any other period.
So far, so good, from November till February the fund has a return of 68%.
Today we will look at the current situation on ARKK.
-The price has reached the lower zone of the cloned channel.
-Inside the descending channel, we can observe a descending trendline.
The main element I want to highlight here is that the price had reached a significant target for the bearish movement. Can the price keep falling? Of...