Not a big stock guy but shifting capitol from crypto to diversify into some investments that actually represent tangible companies that make things lol. Strategy is to buy stocks/ETF's at standard classical pattern supports that are down 30-60% and let it ride. I am betting that 8 out of 10 stocks I am about to punt will not go to zero and that 40-60% discounts is...
and we may have found it at $100. I'm mostly invested in crypto, but you really can't discriminate when it comes to profit. I'm buying call options on this, strike price somewhere in the 200's.
breaking out of bull flag triangle corrective wave 2.
If market cooperates, watch $ARKK to break above this trendline. Not a bad idea to take a very small position here and add on breakout
ARKK is following the same movement seen on several tech stocks today: A possible double top in the 30min, indicating a brief exhaustion, but this is expected. The 119.15 is the pivot we must see broken as soon as possible. This will lead to a greater upside movement in larger timeframes. The red line is not going to be an easy foe for ARKK, as it seems the...
Arkk looks ripe for a trade... I also see an H&S pattern with a reverse right shoulder which completed the move and ready for a reversal... (Neckline @$130.59)