if youre an up an coming FundManager that made it Big in the Industry
maybe keep quiet as the Big Bear may teach you a lesson by SHORTiNG your Picks
Discrediting Cathy week after week ..
when a price of a STOCK PUMPS to 4x & 8x (+800%) from it's recent base (eye on Volume Spike)
that's discounting the 5-8year price ...
Over the course of last few day all of the ARK funds visibly undercut previous lows. One thing for sure - there is no chance for UCR on those charts as the week is closed. The overall message from those charts is rather bearish. Mrs Wood tries to pass on the story of 'buying deep value' but market is pretty bad and the names she is buying have very high PEs even...
The latest covid variant has certainly thrown the market into panic and has caused several collapses including the recent transfer of value by this ETF.
In my previous analysis in November, my idea of increasing the price of ARKF was completely disregarded.
Despite everything it seems that institutional investors have not changed their tendency to reduce the...
Any kind of ETF naked PUTs are my favorite at high IVR.
My choice for today: ARK Fintech Innovation ETF
- high reward for Jan21 monthly expiry (mangeable with rolling) -> collecting credit
- RSI is already oversold
- breakeven point is far
- PUT strike at 0.618 fib
Max profit: $210
Probability of Profit: 89%
Profit Target relative to my Buying Power:...
Let's see what happens..
Just taking a measured move out of the bull flag. $80-$100 target by 2023
Fed taper could be disasters for the market in the short term however I Think this taper is just setting up a bigger QE that will be needed whe. Things get out of control mid 2022.
ARKF has been hobbling for quite some time after the incredible rise. It appears it has somewhat settle in and we may not see the drastic gains of previous year, but the resistance line appears fairly reasonable. I think there's a high probability of it bouncing off that line once more in the next week, before making a run that will get it back ahead of the last...
Your first obligation as an investor is " Following the Money".
You need no skill to analyze this chart!
Just look at the Trading Value!
As soon as the average trading value dropped, the price followed it!
The most important question is: where is the next destination of all this money extracted from market in the past 3 months???
Description: ARKF is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
1. Ideal buy range: $51.6 - $55.2
2. Take profit: $70.28
3. Stop Loss: $50.66
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 97%