Many people seem to be interested in going long $Arkk because it's already fallen substantially. However, the chart tells me there could be continued downside to come over the next 2-3 months. I lean towards the bottom not being until we hit $60.02-45.92, and my bias leans towards the middle to lower support being hit before seeing a trend reversal. Stay safe out there.
ARKK may be worth a buy in the $40-45 range, but it's not one that I am interested in taking. It's full of junk.
With J Pow ruling out 75bps for the next hike, we are priced in. This dead cat gonna bounce hard. Look to sell at 21 week ema as bull market support becomes resistance.
Looks like a solid buy near $34.00. Next buy-target below that is around the $19.00 mark. Risk at these levels is fairly low since the upward potential is disproportionately larger based on history.
Seems plausible for growth in general, this puts a market top around March next year. Crazy things seem to happen in March so who knows. Every dip kinda just makes sense to buy though. I mean duh.
This potential bearish cup & handle is only valid only below $56, so keep an eye out for this one.
Tesla is a big holding of arkk and now breaking down. But if tesla can hold we might have seen the low. Otherwise look at the next fib level.
The Exchange Traded Fund ARKK is now trading above a key level in the market, which might give us a possible rejection at 61.18 below this key level is an attractive buying zone according to previous year price action after the COVID-19 crash consider this as a long term investment especially while buying this dip but wait for a bottom confirmation pattern...
An interesting ETF I will certainly be keeping my eyes on ark-funds.com ark-funds.com AMEX:ARKK BCBA:ARKK BVL:ARKK FINRA:ARKK_SHORT_VOLUME FTX:ARKKUSD UPBIT:ARKKRW LSE:SARK LSE:ARK3 LSE:ARKS LSE:3ARK LSE:1ARK BITTREX:ARKKUSDT LSE:ARKA CAPITALCOM:ARKK
Jim Cramer just came on and said sell it all, right at the bottom, perfect. Huge capitulation wick, I think it's time to go long.
Warren buffet said no one can beat Index Fund, we saw rise and fall of ARKK mostly boost with pandemic free money, and falling to meet SP500 chart. If ARKK will drop equal to SP500 or below means old man was right in his words with huge experience and wisdom.
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...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Ark Innovation ETF ( ARKK ) led by Cathie Wood. #CryptoPickk notes the following: 1) Ark Innovation has had a great run from 2020 into early 2021 when the ETF made an all time high. Since that point, it has been correcting. 2) Since the all the high, the price has been...
I'm aiming for $98 based on supply/demand zones. As long as it can clear the noted gap on the volume shelf, I think $98 will follow shortly after.
breaking out of bull flag triangle corrective wave 2.
Cathy Woods trading abilities are unparalleled. Somehow she lost again... she's near perfect on rotation failures. TSLA the most recent demonstration of FUD. How on earth anyone buys this JUNK is comical. ARKK had it's day, every DOGE does. Adios ARKK, no covenants, just wracking up Management Fees.