ARKK: Not Taking On Water....YetThese levels have created a pretty impressive price channel. At some point this will give way though.....~115.62 holds the key for the bulls who have been waiting for this ETF to catch fire. I suspect they might be disappointed.by AspenTrading0
$ARKK Daily - strength Friday during the bloodbathAs promised here is the ARKK daily so we can see the count better. Right now we are coiling for a wave 2 and I think we are likely to see one more flush before a massive rally. Wave 3 PT is 166, so don't want to miss this move. I think it will likely be a leader during the next leg up ( which should begin sometime next couple weeks when markets bottom). My wave count has us going down one more time to finish off our wave Y, which could be between 114-107. How to trade this: For me, I dont want to miss the move up, but I also dont want to jump the gun and sit in on a flush going down to 110 range (if it goes that low). So, with that being said I am looking at this two ways. 1) a trendline break to the upside I will go long on the backtest. OR if we end up in my red circle. So set 2 alerts and then let the market come to you Longby btwice53190113
$ARKK looking like the next leg up is going to ATHI am going to have two charts posted off of this, the weekly is this one, and the daily chart momentarily. Right now I see us looking to put in a wave 2 of the cycle wave 5. The next move upwards will be a ripper. I have PT of 165 range for wave 3 top. I will be eyeing 150 c's and will put more detail on entry / exit ideas on my daily chartLongby btwice531903
Ark Innovation ETF - ARKK - Technical outlook is bright?Ark Innovation ETF - ARKK - Technical outlook is bright? Found support in he 61.8 % fibonacci level. Technical longterm price target $160? We will see?Longby PortfolioBuildersClub0
Opening (IRA): ARKK November 19th 100 Short Put... for 2.09/contract. Comments: With 30-day implied at 40% or so, adding in some November here.Longby NaughtyPines1
Is ARKK about to break out to it's old ATH?ARKK looks like it is in a descending wedge with bullish divergence on the RSI. I expect ARKK to continue the momentum and break the descending wedge and break to the upside which could potentially bring it back to its ATH.by WhiteCollarDad2
ARKK Elliott wave projectionMy analysis is based on Elliott wave projections taking into consideration Indexes could still go upLongby heshamahli11
ARKK - Out Over Ski'sWoods, the degenerate gambler has placed 2 large wagers at the Casino. VERV & DKNG 2 of the more heavily bet "Innovations" in recent Days. TSLA sells were used to gobble up these 2 leading edge... losers. We anticipate Cathy's churn for Buddah will Fail Again. It's what she does best. 102s ahead for Noah.Shortby HK_L615
JICPT| ARK Daily range bullish trade setup(ETF)Hello everyone. ARK innovation ETFs are those who are passionate about the future, believing that innovation is key to growth(I copy this from ARK website). Personally, I use ETF a lot to construct my portfolio to diversify investment risks. More importantly, the fee is cheaper compared to thematic funds. On the daily chart, I identified a range structure where price tends to move with top zone of 126.55-127.55 and bottom zone of 111-113 respectively. In the middle of the range, there is also a level that price may seek support($120). So, if you're ARK fan, you can load some around $120 and lower zone of $113 to $113. I'm a firm believer of innovation. What do you think? Give me a like if you're with me about the entry level. by JICPTUpdated 2
ARKK - The convenant of the DunceWoods is a shyster... a Carnie New Age TECH Guru. Pumping is an automatic SELL. Hugging our ARKK PUTS.Shortby HK_L614
Ascending ChanelSe identifica el canal ascendente del siguiente ETF: Inicio de la tendencia: 18/03/20 Finalización de la tendencia: 31/08/20 Aumento en valor del ETF: 195,75% Longby ibrahimcaballero760
$ARKK option straddle opportunitySeptember is a seasonally volatile month in the stock market and we know when the storm comes it’s usually what was hot that gets thrown around the most.. and not many ETFs have been hotter over the past few years than the ARK Innovation ETF $ARKK run by the famous Cathie Wood.. since ARKK 52WK IVR is well below the market at only 6.51%.. one way to play for more upcoming volatility is via a ATM straddle.. we’re looking at the NOV’19 ATM $120 straddle for a debit of $14.75.. we would exit at 50% profit or loss of premium, whichever comes first..by Click-Capital0
ARKK - Woods MEMEOh no, oh no, oh no no no no no... Nothing much left to add. Woods a Circus Carnie. Gamma Failure EOW. - HKShortby HK_L61113
WEDGE UP PATTERN ON ARKK ETFIdentification of Wedge Up Paternn, Simmetric Triangle Pattern, Channel UP on ARKK ETFby paiclas711
ARKK/BRK.B: Woods vs BuffetARK is primed to continue outperforming Berkshire for the foreseeable future after returning to the mean channel. Cup move complete + basing at handle support level. Aligns nicely with both the current innovation boom that is sure to be fantastic for growth stocks, and macroeconomic conditions. Bullish on both in isolation. Have no position in neither; want to buy ARKK leaps and ARKG shares. Longby ShadaabResearch3
Inverse Head and ShouldersLong entry level is a break of the neckline with a trend to the upside. After this has happened, a stop can be placed somewhere below the neckline. If one were to enter early, then under the right shoulder (RS) can be a support level. It is not super advisable to enter before a break of the neckline, as it may not break it in the near future. We all take our own chances and that is what makes the world go around (o: An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. Inverse head and shoulders is a pattern that does well in a bull market. Head and shoulder tops do best in a bear market. No recommendation.by lauralea1
Rolling (IRA): ARKK Oct 15th 100 Short Put to Nov 19th 104... for a 1.50/contract credit. Comments: With the 100's at greater than 50% max (they're worth .84 here), rolling out to the November monthly for a realized gain and a credit. The implied isn't as good as it was, but is still >35%; otherwise, I'd just leave it alone or take profit and move on. Relatedly, since the implied isn't fantastically great, keeping my units the same instead of adding, keeping buying power free for a higher volatility environment. Total credits collected of 3.52 (See Post Below) + 1.50 = 5.02 versus a current short put value of 2.38, so I've realized profits of 5.02 - 2.38 = 2.64 ($264)/contract so far.Longby NaughtyPines0
ARKK close to completing inverted H&S formationDaily chary: Entry point as the candle closes above the neckline at $136.23. Stop loss: $112.80 Take profit: $166.23 Risk/Reward Ratio: 1.28 Same pattern shows on the weekly chart. You could enter slightly earlier at $130 if you consider the main body of the head's candle instead of the top wick. Pattern negated if price drops outside of it.by franz_william1
ARKK descending triangleNice descending triangle, My pivot price point is 122.50 A break of that level could open 126 and 130Longby HouseOfTrades224
ARKK: Reasons Why ARKK May Move Higher...and TargetsThe price seems to have finished the bottom of the second leg down for a possible triangle pattern. I am looking for this scenario because the price reacted very well near the support area between $ 113.30 - $ 114.60. As long as the model is very big in time we will be focused on the targets within the model and after that we can look for more bullish continuity. Targets: $118.80 $121.70 $126 and higher... Thank you and Good Luck! Longby KlejdiCuniUpdated 101017