Stocks are mixed with indicies and ETFs crossing the trend line to denote a change in the bull trap trend the market has signaled lately. Selling volume has also increased at a higher pace than compared to buying volume we were seeing during the recent upward trend further indicating a down ward trend is likely.
Although the charts showing bearish narrowing wedges in the price action and RSI, we saw a breakout in an upward direction. To identify the strength of the breakout, we look to the volume and see that it has quite low buying volume indicating this upward trend does not have much steam and will reverse course down ward soon.
Price Rebounce at EMA20 after Retrace to FIBO 0.618
FT Bullish Candle - Bullish candle formation
Significant Volume - Shows strength of the bull
Oversold - Buying interest improve
Force Index turned +ve
Strong BUY for swing trade
ARKW had a great run in 2017, with over 100% growth. Let's hope it can do half of that for 2018.
This is my attempt to ride the trend of this ETF. I am projecting 45% @ 66.98 by Nov Sell off.
It's a basic Buy and Hold strategy. Right now we are at 46.07, I am looking to add position and hold for the year.
Trailing Stop will be used throughout the year, and a...
ETF investment strategy.
Long-term (3 yr)
Using my proprietary value channel strategy.
Ideal for use with long-term trending ETF's, Index ETF's work especially well.
It is based on a modified mean reversion strategy.
You can use same principles and strategies as Keltner Channels and B.Bands to get started for testing.
However, I suggest you tweak it to what...
looks like we are at a crossroads, will it go, or will it retrace?
Which ever way it moves in the next few weeks will likely be our signal to know how to play this out for the next 3 to 12 months.
A. just keeps creeping up, nice and steady, bulls keep control and just steps its way to target.
B. retrace, build up selling pressure, then during 4th Q, the bulls...
look at the 3 ETFs ARK INVEST is offering; the ARKG which seems to be lagging has to do with molecular diagnostics, biological information, DNA-genes works. Might be viewed as good entry opportunity for long term investment. I like all 3 of these ETFs and checkout their INDEX ETFs
etf focused on the cloud big data 'and the internet of everthing''ecommerce'social media get our book on amazon to see future industries'stop loss close in cloud wait for positive 21 minute cande to enter
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ARKW
