US/Global markets are actively seeking a bottom at this point. We've witnessed the largest unwinding of global excesses since the DOT COM bubble and, before that, the 1929 market peak. Use this symbol to experiment with market trends/setups: (TSLA + ARKK + ARKW + ARKQ + GME ) / 5 In my opinion, the deep selling is nearly over. This chart shows the custom symbol...
The WXY correction over end of march it seems Then the bull run begins Supporting lines and an ending diagonal Fib 61.8 retracement reached
Hello Traders and (and maybe Tech/ Value / Longterm Investors ?), ARK funds took BIG hit last year and sell-offs continue. (Panic and uncertainty at the market, raising Inflation and Interest rates, ... War or Pandemy, what could be worse ? WW3 ? ). So are the ARK funds Investable ? I believe so... but under some conditions. 1) Most stocks were simply...
$ARKW confluence of wave 4 fibs + pitchfork median on the weekly timeframe. Top 10 holdings: $TSLA $COIN $GBTC $ROKU $TDOC $ZM $TWLO $SPOT $TWTR $SQ Cathie wood has recently been going on and on about the revenue growth of these companies and how the share price does not reflect the opportunity ahead. This might be one of the best growth ETFs around if Cathie...
The ARKs have had it rough the past year and I know of the comparisons to the tech bubble pattern, which does look scary. But as ARKW shows here, it hasn't broken it's long term trend yet and it could present a buy opportunity. I copied the pattern from 2018 and pasted it here to show a possible bullish path that ARKW may take. This pattern makes sense to...
There's a rising wedge and a potential early C entry for an ABCD that could take us down to the 78.6 or even the 88.6 if things get bad. I think it's safe to say that if the Nasdaq goes down this will go down twice as hard.
Great opportunity here with ARK invest. Head n Shoulder now formed. The first wave of the daily EW was completed. Small retracement now to 142.55 giving a great buy opportunity with SL at 134.90. If you are a more conservative play on the resistance of the HnS neck. 189 the first target, looking to unlock some profit at that level, Final target 205, completing...
Nice inverse head and shoulders here, with bullish convergence on the daily, divergence on the 4hr, and hidden divergence on the weekly
Here is the weekly chart for ARKW, the ARK Next Gen Internet ETF counting from inception, ARKW has completed a massive wave 3 followed by a deep wave 4 correction which means it'll have an equally powerful wave 5. Taking the equal legs target or wave 1 results in a 5th wave that does not cross the ATH, which means a true wave 5 should replicate the entire length...
on ARKW - MA 50 daily is a main support and resistance, worked like a charm especially last 3 attempts to break it failed. We see a convergence of MA 21 and MA 50 so I expect a bit up and down between these to MAs and then break down where they intersect, find support from the blue line and then push up to break both MA21 and MA50. I like that the volume has...
Description: ARKW is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position above $156. Stats: 1. Ideal buy range: $156 - $160.7 2. Take profit: $207.42 3. Stop Loss: $142.53 4. Risk To Reward: 1 / 4 5....
IF you still HOLD, ARK investment Stock (Cathie Woods), you might have a 2ND chance to DUMP, before it goes down even LOWER. The ARK's should grind higher for the next 2-4 weeks (as the DOLALAR weakens), then continuing LOWER again with the rest of the US-MARKET. While there is a 25% chance this could be a start of a 5th impulse wave, I think this possibility...
Similar pattern to ARKQ. All the ARK etf are all heading up. ***This does not constitute financial advice.***
We bought ARKK on Friday, and expect to hold until it reaches a NEW high, then SELL. (This is my PERSONAL trading CHART, with no further educational explanations. IF you get it, YOU GET IT, if you don't, YOU DON'T. I personally don't care.)
ARK next generation shows a strong bearish monthly candle.