Long ARKG until it comes back to EarthAfter yesterday's session, ARKG broke out of the bullish channel into the stratosphere. Skies the limit until the next blow-off-top. PT 100, Stop-loss 91.
ARKG
My Favorite ETF into October: ARKGArk Invest is a fund managed by Cathie Wood. I've been following her for about 5 years. She's probably had the best calls I've seen in the stock market since 2015.
I looked through all of Ark Invest's ETFs this weekend: ARKG (genomics), ARKW (Next generation internet), ARKK (Innovation), ARKQ (Autonomous tech & Robotics), and ARKF (Fintech innovation). ARKG displays my favorite set-up out of the 5 ETFs .
- 4 Week Head and shoulders
- Bounced off significant trend line
- Bounced off 50 day moving average
- Most importantly, not much resistance coming
Learn more here: ark-funds.com
