calling it for cloutfull disclosure not trading this. but look at my memelines. looks bottomed out. if not now, next keltner channel squeeze will be the next big move up. you thought you and your uncle were gonna make it big betting against Cathie Woods but shes banging GGWPLongby burgercrisis443
$ARKK Lord Says Bounce Cometh ? $ARKK is clearly in a downtrend, however I think we get a bounce in the short term before further downside. RSI approaching oversold and volume appears to be showing seller's exhaustion. Plan is to play the bounce going long ST calls, take profits around 91 zone then go short again... Note, not much support below, and ST long idea is invalidated on a break below $75 Longby FriscoTrades1
The most significant decline in ARKK's historyToday we will take a look at ARKK. The main element we have to comment on is the current decline, the biggest in the ETF history. The current drawdown is at 51%, and we have three other situations in the past where we observed declines of 30% or more. Here are some key ideas you can use to increase the odds of engaging on a successful setup on the ETF, assuming that eventually, we will have a new bull run. * AVOID trading below the descending trendline . A trendline is telling you something "above assume X, below assume Y" in this case, the price is clearly below the descending trendline. Therefore we should avoid any type of swing setup mainly because there are no signs that the current bearish trend has finished. If we have to take a really bad scenario for the ETF based on the current technical elements, we can observe a -60% decline with a major bearish target on the highs of 2020. * Study the 3 previous scenarios . IF you want to catch the next massive movement of the ETF, then you need to study how the transition happened in the past, where the price was on a severe drawdown, and then we saw new impulses. So, if you want to understand what's going on, start studying the previous 3 scenarios and look for patterns. My current view is that assuming the trending characteristic this asset has, I'm more than interested in developing swing setups here. However, at the moment, I'm WAITING; my two filters are: 1) The price has reached the major bearish target at 62-61 (start thinking in bullish opportunities) 2) The price is getting close to breaking the descending trendline (start thinking in bullish opportunities) Thanks for reading! Feel free to share your view in the comments. Editors' picksby ThinkingAntsOk5353442
$ARKK Long Term Idea$ARKK has had a large selloff after making a blow off top past the 4.236 fib last year, currently down over 50% from the highs. I believe the bottom is in around the 0.618 fib here in the $77-80 range and $ARKK can start a recovery with targets of new ATH $200 minimum. Starting a long term position here in $ARKK at $80. Buy @ $80.00 Price Target @ $200.00Longby APOinvestment0
Ark to 130 by April !Peep the beautiful chart, a dip buyers paradise listen to the Phantom! April 130 calls are .20Longby PHANTOMOFTHEMARKETS0
game over for ARKKinnovation, innovation. bubble bubble. game over for ARKK. had a good run in the bubble mania phase though. some ppl made money. Cathy says shes scared of deflation, which means she's scared of Fed not providing more loose money. Fed isnt tightening really, its just not expanding the money supply quick enough. Shortby RogueCleanerUpdated 5
ARKKAt 1.618 extension of the Covid crash. 200 a few dollar below. RSI oversold. Volume is picking up. Watching for now.by Essendy1
ARKK Short strangle for a $2.79 creditFEB 18 STO 76 P FEB 18 STO 99.22 C Pop 69% Delta 4.16 P50 80% M Profit 279 M Loss Infinity Buypower effect -$860.50Shortby DannyFossUpdated 0
Rolled: ARKK February 18th 89.22 Short Call to 82.22... for a 2.51 credit. Comments: More defense as this underlying continues to implode. Total credits collected of 16.99 (See Post Below) plus the 2.51 here equals 19.50. The resulting inversion is, unfortunately, 22 strikes wide -- 2.50 greater than the total of credits I've collected. This means that I won't be able to scratch it out during this cycle regardless of what happens with price, but will have to roll out for duration if I want to attempt to do that until I've collected more credits than the width of the inversion. Alternatively, I can consider taking the loss and moving on, but the best case loss scenario at the moment is a 2.50 loss (assuming price moves back between the strikes).by NaughtyPines774
ARKKDaily Chart Report ARKK did a nice retest of the breakout and now it's headed lower. The next support level is at 74 also the full measured move points to the 74 level.Shortby pravenmoorthy0
$ARKK No Volume under 80I am long many tech stocks in $ARKK, but this chart does scare me. There is almost zero volume under 80. The gap could fill if this level is lost. No doubt that would be a generational buying opportunity if it did occur, but I'm hoping that the 50% fib holds (which is at the 80 price level).by WhiteCollarDad0
Cathie Wood Deflation ARKK: ShortCathie has been in over drive selling we book with her deflation theory and innovation stocks as the principal reason her fund will outperform. The in period her fund is down almost 50%, Warren Buffet’s Berkshire Hathaway is up almost 35%. In order for Cathie’s ARK fund to beat Berkshire should would need a 85% turnaround. Usually takes years to achieve this performance Looks like deep contraction will confine for ARK. It is in a 5 wave impulse down and getting pressed down further by the moving averages. Recently had a death cross on the 50/200 MA. Cathie’s response, in a recent interview, to the poor performance was a result of the Algo traders. Sounds like the classic example governments use to explain when the ccy is taking a hit. Ie the speculators. Shortby Tez82
$ARKK AnalysisAs mentioned above in last weeks post I was expecting a reversal off of $93, and while the bounce did happen out of my projected buy zone, it was met with relentless selling pressure once reaching the $98 level. Price is still in an overall downtrend, but as we approach the key $80 level I am certainly watching for a bounce out of the demand zone depicted in the chart. If $80 is lost, there is no telling where the selling may end, thus it is the only support level I have noted for this week. $ARKK needs to reclaim $90 for any bullish action to ensue. Longby BensStocks_3
S&P500 is an Indicator of ARKK !!!Warren buffet said no one can beat Index Fund, we saw rise and fall of ARKK mostly boost with pandemic free money, and falling to meet SP500 chart. If ARKK will drop equal to SP500 or below means old man was right in his words with huge experience and wisdom. by Deevog1
$ARKK - Weekly TF analysis-Primary W4 target zone (38.2 - 50) -Nearing channel bottom -Reached 1st fib target for Y leg of W4 (-23.6) -Confluent support of 38.2 fib and channel bottom -Weekly RSI at march 2020 covid lows -Downside risk defined at 72.50 From the looks of it, we might be nearing a bottom on growth stocks. Keep in mind this is a weekly chart so if we do continue down, it could drag out for another few weeks. However, downside risk is defined at the 50% fib, at 72.50. I would start building a position from here and continue building as long as ARKK is above 72.5. ARK's time horizons are 5 years, and market jitters will last 5 months, maybe a year if we're really fucked. Ask yourself, did Cathie Wood and her team suddenly become stupid over night, or does the market work in cycles? Longby ir-rizzle12123
WHEN YOU BAYBY TESLA FAILS..!Tesla is present in almost all ARK's EETs, when it fails the whole system fails!!! I believe miss Woods is in big trouble, and soon she has to find a substitution for tesla , otherwise, all her fame will vanish like a rockstar with a single hot albume!Shortby MoshkelgoshaUpdated 171730
Rolled: ARKK February 18th 94.22 Short Call to 89.22... for a 1.74 credit. Comments: Yowsa. This continues to implode, so continuing to manage it defensively ... . As of my last roll, I'd collected 15.25 in credits. (See Post Below). With this roll, I've collected a total of 16.99 for what is now an inverted 15-wide: the 89.22C/104.22P with a downside break even of 104.22 - 16.99 or 87.23 relative to today's closing price of 85.58, so I've still got some work to do to get my cost basis at or below where the underlying is currently trading. Alternatively, I need the markets to do some of the work for me by giving me a bounce.by NaughtyPines4
Starting to buy ARKK here.Not a big stock guy but shifting capitol from crypto to diversify into some investments that actually represent tangible companies that make things lol. Strategy is to buy stocks/ETF's at standard classical pattern supports that are down 30-60% and let it ride. I am betting that 8 out of 10 stocks I am about to punt will not go to zero and that 40-60% discounts is a good deal. Falling wedge here and a nice dogi daily candle forming. Not advise archiving thoughts.Longby A5gamakatsu4
ARKK forecast in the next 1-2 months..!10 months ago when I published my views about ARKK, I received so many bad comments..! I did not change my mind and never published a Buy analysis on ARKK, Why? Because I studied ARK invest at least for one year and I read the CEO background and her track record from the beginning! So many people who believe in ARK invest just looking at the last 5 years, but CEO has a fascinating story in 2008..! "Worst Performance" in 2008 and she did repeat it in 2021: -24% (40% from all-time high) in a year all indexes were positive between 13.7% to 27%..! Now the question is what is her big plan for 2022??? This year will be much more difficult..! I think her position as CEO of ARK invest will be challenged sooner or later in 2022..! She was wrong about Energy and Financial sectors and paid the price for that..! I think ARKK will go down to 70 in the first quarter of 2022..! Shortby Moshkelgosha6623
Updated target for ARKKYou may not believe it but I saw this coming almost 5-6 weeks ago! People trashed me and praised Cathie Wood. Still don’t believe check the related post to understand the difference between analysis and speculation..!Shortby MoshkelgoshaUpdated 1119
Short $ARKK CMP $93.86Short $ARKK CMP $93.86. $ARKK failed to maintain the momentum. Volume is drying. Did not make higher high. Expect it to fall to $85 area or further down. Holding near very important level of support.Shortby QuickTradeProUpdated 0
ARKK storylineSome annotations on the $ARRK chart. My opinion is that when we break 80 we go straight to the 40's area. The pump was the wrongdoing of Masa, Billy & others. Options, gamma, low liquidity, etc. Nobody really bought there, I doubt they will be buyers on the way down. Fast.by TheMarketDog21
ARKK Stage 4 MarkdownToday, the Fed released their "Fed Minutes" and showed they're planning on acting more hawkish than everyone previously thought. The market sold off hard, with growth taking the biggest hit for obvious reasons. Looking at ARKK and a bunch of other growth names, it appears that we're in the semi-early innings of a stage 4 markdown if the Fed continues down this hawkish route. If so, think there's a decent shot that we head towards the pre-pandemic high as the Fed unwinds and the market prices this in. In 2018, the taper tantrum lasted 3 months from peak to trough. Obviously depends on what the Fed does from here, but be prepared for this scenario (posted on chart) Btw, if this plays out, all risk assets will get hit hard including crypto.Shortby ZenTradesRW3