With J Pow ruling out 75bps for the next hike, we are priced in. This dead cat gonna bounce hard. Look to sell at 21 week ema as bull market support becomes resistance.
I feel like in a few years from now this could go up from where we are now. Nobody believes in cathie wood anymore but genomics is the future. But this got way ahead of itself. I don't expect this to moon anytime soon also
it aint much...buts its honest work. Chart Art.
in univeristy someone asked me to join the debate team but somene talked me out of it.
like most canadians i like to go clubing, but only if there's no seals around. (ima not canadian)
i love blind dates cuz you can star at there.... So what we have here is the CLASSIC "just see something and draw it pattern"...
Traders, There is a lot of media ta the moment talking about Cathie Wood's ARKK ETF reportedly seeing record short interest as investors turn against the fund. However if you look at the charts, they tell you a little different story. In fact of the short positions story is correct, we might see a short squeeze.
The price is right at the breakout point and from...
There are two scenarios as the trend lines show.
White lines suggest the bearish path. The yellow trendlines suggest the continuity of price moving upwards and forwards. In my opinion, the retail investors have already reacted to the news of CW selling PLTR stocks and as such we have reached the bottom already. Sellers have hence exhausted their potential. Bulls...
ARKK ETF is a growth ETF created by Cathie Woods that has grown around 500% since its release in 2015. ARKK ETF stocks are a conglomerate of growth stocks that are identified by the analysts at ARK, the stocks are carefully picked out depending on their ability to produce profits. Since ARK holds a diverse portfolio in a wide range of stocks, it usually follows in...
Could Tesla slip to its 200 EMA level? Answer: Yes, Of course, it could!
Based on the 2 previous major corrections tesla had experienced in 2018 (when there was no pandemic), and the correction it experienced in early 2020 due to pandemic. During the 2018 major correction, tesla slipped 43% in 105 trading days and crossed below its 200 EMA, and in the 2020...
DKNG has contended with its previous high which bodes well for future performance. It's a very low probability event that any stock, commodity, or other financial assets break through a previous resistance without first contending with it.
DKNG has carried on trend, and so far Cathie Woods hasn't picked a bad egg. Expect some legs on this trade, especially after...
