Detailed Technical Analysis:
Price Action:
Support & Resistance: After its peak in early 2023, ARKK found support near the 37.50 USD range. This could serve as a significant support level. On the resistance side, the 42.50 USD level, which was previously support in mid-2023, may now act as a resistance.
Trend: Currently, the trend is bearish, indicated by...
If you're new to the stock market like me, you will quickly learn this lesson if you haven't already.
My lesson was a little more violent when VIAC took a nose dive.
I went straight from Euphoria directly to Capitulation. That was fun.
One could argue that Woods has been targeted by Wallstreet Elite, very similar to the legendary degen Bill Hwang.
But I...
AMEX:ARKQ has potential to break out to the upside if it manages to close above 85.80. Possible target areas 101.10 and 108.30.
Will likely take some time as this is based off its weekly chart.
Most of fintwit is talking about how boring the AI day was for TSLA until they revealed they are working on a robot. Its certainly not a car!
This feels like some ploy to have TLSA be valued as a tech company.
The autonomous driving AI and now a robot AI must have Cathy Woods hoping this is the next accumulation phase.
ARKK in a critical spot here- big symmetrical triangle on its yearly chart after breaking below a rising wedge. Watching this one closely in the coming weeks, just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on.
With all the excitement around Robinhood's IPO this week and the recent resurgence of Bitcoin its easy to forget about COIN, after what appears to be the completion of a 51% retracement in price according to the Fibonacci retracement we see here.
Since this retracement, COIN has quietly sprung 30% in price and appears to only be getting started if the chart I have...
Deep Learning, Data Center Paradigm Shift, Digital Wallets, Virtual Worlds,
Bitcoin Transition, EV's, Autonomy, AeroSpace, SLA (aka 3D Printing) and
Genome Science.
To ARK's credit - Transparency is not an issue, providing relevant and
timely information to Investors is a large "Chit" in CW's corner.
To ARK's debit - Youth, relatively new to Investing has...
Check the following:
1. Competition is on fire
2. Semi-conductors shortage (production slowing down)
3. Chinese EVs- Spacs all down
4. Tesla announced double the expected cars sales and the stock made a 5% move and then is sitting on the same prices while the S&P is moving to all time high
5. Cathy rush to buy the dip and then upgrade her target (why??? her ass...
Instead of marking up charts with tons of conflicting information, I try to stick with what matters - support and resistance. 95% of trading is about support and resistance based on my experience, indicators might give you a slight edge but more often than not they'll keep you out of a good trades as a majority of indicators are lagging price.
Here are the key...
Ark just added DKNG to its ARKK fund which is extremely popular in terms of inflows and performance. This should create a floor for DKNG to really start to build up its share price. With the support, DKNG should head towards $80 a share.
Earnings are right around the corner and this quarter is like their holiday season; the Superbowl, the largest sports betting...
![COIN: Time To Buy Coinbase? [LONG]](https://s3.tradingview.com/a/Ah8fd3G0_mid.png "Time To Buy Coinbase? [LONG]")
