ARKF is an actively managed fund of stocks related to financial technology innovation. The listed name for ARKF is ARK Fintech Innovation ETF. This is setting up beautiful to go back to AT LEAST 50% eq. level, but it can definitely go past that. On the weekly TF. we are waiting for a retracement to the eq. level of the last impulsive move. *Look for imbalance...
Are you going to get into one of Cathie Wood's 'arks'? Cathie Wood is the CEO of Ark Invest.
Ark Invest offers a list of ARK ETFs in various markets. Coulld your investment run up 50-100% with patience? Investing is like growing a plant. It may sprout up quickly or it may take time. The question is if you have good soil, water, and sunlight. Is ARKF good...
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 ..
towards CAPITULATION
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note:
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 ...
smart...
ARKF has shown a strong reversal pattern which indicates possible break out above 20.5 mark. If stock's price holds above 20, bullish scenario toward 30 is likely to happen.
Description: ARKF and ARK ETFs appear poised for a rebound from recent lows based on key technical indicators, including the MACD and Ichimoku Cloud. A potential 25% increase by year-end.
ARKF, along with other ARK ETFs, are showing signs of a potential rebound from their current extreme lows. This analysis is based on a number of technical indicators, including...
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
Reasons:
- 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.
AMEX:ARKF daily looking very bullish:
Broke the top trendline
MACD crossing positive
20 and 50 EMA are tight and turning up together
Has a series of 3 rounded bottoms
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...
