This etf will breakout due to it's ability to have a managed profile.
Price has not been able to close below the 20ema since early April. It has tested it 4 times; today is the 4th test. Taking into account the measured move from the past times we tested the 20ema, it should take around 7 trading days to get to the sell-target. Happy & successful trading, dorfmaester
This fund tends to stick around the midline of the trend channel. Watch for Breakthroughs around mid channel. High growth.
Which would beat the broad market on coming recovery?
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.
Bullish trade idea with risk reward set up on chart
Ranging between 54.5 and 59.5 for past 3 months
Price at trend line resistance, possible that consolidation begins here
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...