ARKG breaks lower, triggering a stopI let go of a 1/3 of my holding here as ARKG has at least in the near-term broken below its upward channel. I will move back in later when we resume.by chillcryptoUpdated 1
Preparing, time to set some stops on ARKI've marked out a line below the current range that I am using to establish my stop. Although I prefer to use a 3D on these ETFs as it seems that the shorter timeframes are accurately tracking right now, I'll use them. I've also marked out a longer level of support that is about 8% below Friday's close. I would expect us to drop down into the lower channel as we have previously, should the overall market see a correction. We could easily lose that amount in one day. We've done it before. Setting a tight stop does obviously open me up to a bad day, but ARK investments have seen some great returns so far for me and I can always buy back in with a tight stop even if I miss out on a few %. Market timing is nearly impossible. Setting stops is not a guarantee of preventing losses. If you are concerned about losses, put your money in a stable return fund.by chillcrypto0
ARKG 1HROne of my favourite ETFs at the moment. Cup and handle formed a while back. Still bullish imo. I am long on this. Will add on dips. Im Cathie Wood we trust. Longby AngD18990
ARKG 1HR One of my favourite ETFs at the moment. Im in this long term. I see big upside value in years to come. Will add on dips!Longby AngD18990
ARKG potential head and shoulders formingI am not one to speculate on future pattern formation but I am on the watch for a possible head and shoulders forming on ARKG. The pattern (if it ever forms) is missing the completion of the right shoulder so for now I will just wait calmly and see how it unfolds. The Stochastic and RSI are curling up, which could propel a price increase in the short term (and form that right shoulder if the price retraces from the push up). If the pattern does form don't hesitate to take your money off the table. H&S is one of the most reliable patterns and breaks out most of the times (in this case, to the downside as H&S is a bearish pattern). It would probably not be the cleanest textbook H&S but it would still fit main the criteria. ***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!*** ***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.*** by Safe_Trades443
Comparing ARKG Top 4 Holdings, TDOC is a letdownI was interested in seeing what investment has been driving ARKG price action (other than general market volatility). This is a bit hard to see - but the takeaway is that TDOC, one of the top 4 ARKG holdings, has been underperforming relative to Pacific Biosciences, Crispr, Twist. You can add your own comparisons to play with the timeframes to see how ARKG holdings have impacted its price. (ark-funds.com)by chillcrypto114
ARKGGreat look to get into this fund so that you do not have to shit yourself when you are not up-to-date with phases and trials of vaccines...may have some tight butthole for a good entry on this one sooner than later...Longby CrookedTREE_FINTECH2
ARKG very much worth a buy at blue rangeARKG has excellent fundamentals. If this drops below $85 it's an excellent buy and I should assess full portfolio to allocate more into ARKG. Longby AdamRodriguez0
Getting Close to the bottom. May have a little more downside to hit the RSI trendline, but not much. Sitting on the BB middle line, which may be the downside limit.Longby jdgpro4
ARKG mirrored by CRISPR profit takingEnd of year profit taking but still in a supported range.by chillcrypto552
First Analysis - Looking for constructive criticism.Hello, I am a beginner investor learning about technical analysis through youtube and other free resources. I am using this chart and analysis to put my understandings to the test. Please let me know what you think and share where I can improve. Analysis: ARKG is trending bullish both long and medium-term and is close to a buy signal as the last closing price was just inside the lower Bollinger band and the RSI was trending to oversold before leveling out around 37. Using Fibb Retracement starting with the low on 12/21 to the 12/23 high, the support level at 38% and the current price are almost in lockstep at $103.25 and $103.10 respectively. If the price breaks down through the 5-day trend line the next level of support is around $99.57 but it appears the overall short-term trend is up and I look for the ETF to bounce off the 5-day trend line to once again push for higher highs.by Pontifiklese1
ARKG : Expanding Diagonal CorrectionIndicators point to correction underway, but will that stop an ETF which seems to defy gravity ? A buy may be comming ... LONG after correction completes … IF IT HAPPENS Longby wolffarchitecture2
Testing support and resistance todayIt appears that we are in a consolidation pattern on ARKG testing both the top and bottom of a range. The market is not taking a direction today so will have to wait to find out whether we go up or down from here.by chillcrypto0
A stab @ Eliot wave count for 2021. Expect a small retracement (wave 4) followed by further upside in the stock market (wave 5), through 2021. not financial advise , just for funLongby adarrel334
Consolidating here?I'm using this level to re-distribute increase my position here - as well as in PBW. by chillcrypto0
Long ARKG until it comes back to EarthAfter yesterday's session, ARKG broke out of the bullish channel into the stratosphere. Skies the limit until the next blow-off-top. PT 100, Stop-loss 91.by mnobu3
ARKG for the winARK funds seem to very well managed. I've been watching this one for a time but decided to be more cautious. I entered late but boy did I just miss out on 20%+!by chillcrypto110