According to the CEO of NVDA, the next big revolution is coming into biotech. Biology will be engineered and therefore will compound exponentially. Now might be a good time to enter this field.
RSI massively oversold on daily, macd showing bullish divergences, shark harmonic completed, doji candle, at an inflection point from a prior major swing high near the beginning of this asset...
I havent been able to hold this more than a few days in the past, hopefully this times different.
Ready to cut it if need be.
I cannot help but get FOMO.
I dont know much about genomics but some very smart people make some very bold statements on where this is all heading.
Anyone that knows anything want to chime in here? why will this not moon right now?
As markets are about to buy tech again, bio technologies are set to capture the imagination and dreams of investoors.
the upside is virtually unlimited, but a priceless prize lies somewhere ahead in the mist of this treacherous mix of money and biological researches: the Fountain of Youth.
A priceless dream will meet an unlimited wall of money.
The $T10YFF and $T5YFF, or 10 and 5 year treasury constant maturity minus federal funds rate is a good indicator of how likely it is that capitally intensive growthy stocks will rise in price. This is because investors cycle in/out of bonds/equities as the rates change.
You can see in the chart below that the T10YFF has an inverse relationship with the effective...
I feel like in a few years from now this could go up from where we are now. Nobody believes in cathie wood anymore but genomics is the future. But this got way ahead of itself. I don't expect this to moon anytime soon also
The macro count is pretty clear. We're below the 38.2% fib of the impulsive move from the covid lows, and approaching the 50% fib as well as the bottom of the channel. The weekly RSI is lower then even the covid lows of march 2020. In fact the RSI hasn't been this low since inception in 2016.
As with all of ARK's ETF's these are long term plays. If you want...
Jim Simons:
“Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty.
On February 28th, 2021 (10 months ago) I published this article:
The Social Media Trading Bubble comes to its end..!
I have always said:
Only time could show the accuracy of...
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?"
Some Pings are so clean you can almost HEAR them resonate off the...
Watching to see what happens with this chart pattern we're seeing form on ARKG.
Over the last few months the ARK funds have been in the spotlight as funds that won't be able to perform well past the initial hype.
Will ARKG be able to take back its glory or breakdown to lower levels?
We'll see.
Prime setup for $ARKG as we hit the midway point of Bloody September, the worst month for returns. We've already seen several pullbacks, and with quad witching coming on Sept 17, we're bound to see some volatility.
I fully expect ARKG to fall a little further as the broader market bleeds, but come the quad witching hour, you'll start to see the tides shifting....
Se observa como la tendencia del ETF es descendente, pero el 21/10 se recupera con tendencia alcista, pero el 26/10pierde impulso y continua su tendencia a la baja
I see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible.
I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle.
If that occurs, I will start opening position on point 3.
we see 2 influential figures coming head...
Bulls need to step in soon. ARKG recent 100MA death cross the 200, 2nd retest of downward channel and 200MA fall . Not looking good and 72 first target.
If bears lose control, we see a breakout of the channel back up to 93 resistance levels.
Really nice volume shelf support at 83... this needs to hold.
Opened an 85/90 debit spread for 9/17 to be closed if...
![ARKG: Growth Stock Cyclic Indicator [@PierceARK]](https://s3.tradingview.com/j/JxzPfLTQ_mid.png "Growth Stock Cyclic Indicator [@PierceARK]")
