Three Black Crows sit on ARK Invest shouldersAfter -26% loss in less than 3 weeks, I’m pretty much sure this will continue another 15-20% in the next 1-3 months!
We should wait and see if her portfolio manager could keep his sit at Ark invest!
When you underestimate the power of a scared little investors, this will happen!
It takes years to build a trust, but it takes seconds to lost it once and forever!
ARK invest had benefited the most from social media ands its power to seduce people invest in overvalued stocks in the last few years. While many people thinks ARK is progressive investing firm, I believe they do nothing but massive scale PUMPS & DUMPS using the power or of social media..!
You don’t believe me, check ARK watcher and see how they emptied their so called disruptive medical and technical companies! For instance,They sold all their Crisper stocks a few months after its founders received NOBEL PRIZE. But you know what, they pumped it from 12 to +200 in a couple of months..!
History will be the best judge..!
Arkinvest
Social Media Trading Bubble “ARK Effect”This company had average 230k trading volume before Ark invest touched it. The very next day trading volume increased 49.5x to 11.39 million and price skyrocketed 36% in 2 days!
If you think they are longterm investor who invest in disrupting innovations, check what they did to AQB, OR CRSP..!
The Social Media Trading Bubble comes to its end..!While many people thinks when ARK invest touches anything it turns to GOLD, I believe another season has just begun for those who invested in ARK ETFs. In this season we will see everything will be burned into ashes!
First, let’s look at the numbers, and see the performance of ARK invest ETFs in the last 2 trading weeks! They are all sinking in Blood..!
PRINT: -23.16% in 9 trading days
ARKG: -21.69% in 11 trading days
ARKK: -21.06% in 8 trading days
ARKF: -18.59% in 5 trading days
ARKW: -18.41% in 8 trading days
ARKQ: -17.37% in 5 trading days
While people asking themselves which ARK’s ETF will perform better in 2021, now they should ask themselves which one will burn into ashes sooner???
Theme Investing
I believe the ARK’s CEO and her team members did not buy the Sci-Fi stories the told people on their social media, but they tried their best to sell it to others, and they were very successful..!
Look at the performance of these stocks, most of them skyrocketed 10x, 20x or even more in less than 2-3 years.
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CRSP, ROKU, SNAP, PINS,NNDM, WKHS, Tesla, and ...
Now as an example, I will explain CRSP and what ARK did with this stock.
There is no doubt CRISPER is one of the most important and disruptive medical innovations. Therefore, Jennifer Anne Doudna an American biochemist known for her pioneering work in CRISPR gene editing, awarded the 2020 Nobel Prize in Chemistry along with Emmanuelle Charpentier.
By a quick search on social media you will find ARK’s CEO talking about CRSP enthusiastically and the share price skyrocketed almost 20 times in the last 4 years. And if you see the ARK watcher, you will find out they almost emptied their portfolio from CRSP in the last 2 months and share price slipped from 220 to 125 since Jan 15th, 2021. Yet, I believe it could go down to 70 in the coming months!!!
The question is :
Is CRISPER not an innovative/ disruptive Genomic medical company any more? ( as a doctor and holder of M.D. degree, my answer to this question is : CRISPER is a disruptive Genomic medical company)
So the question could change to:
Everything ARK has talked about was not true? Or they don’t believe in the 3 trillion Genomic revolution they are talking about any more?
I believe ARK noticed a company with 719k revenue (CRSP)in past 4 quarter couldn’t have 15.5 Billion market cap, and they suddenly decided to insert the needle into the bubble they created in the first place, buy selling their CRSP shares!
Last words, I have a good news for ARK invest, Tesla chart is pretty much looks like CRSP..! So be ready for that bubble burst too!(Tesla is biggest part of the pie in most of ARK’s ETFs)
Time will show us the reality of the people’s claims..!
Moshkelgosha
“ARK EFFECT” or Social Media Trading Bubble ???In this chart you see comparison between Tesla and Crisper. You may think comparing an automaker with a medical company is craziness! But you can not deny the the correlation you see in the charts, unless you have severe visual problem!
Question: why should an automaker and a medical company have the same pattern?
Answer: They both were ARK invest favorites!
Notice: ARK has sold most of it’s CRSP shares in the last 2 months and CRSP price slipped -45% in 25 trading days. Will Tesla be the next? I believe it could be, but We have to wait and see..!
Based on this correlation Tesla could sink to 500 or below in March 2021..!
*everything happens in CRSP a little sooner!
For more information read the related analysis..!
Moshkelgosha
Cathie Wood is bullish on BTC! Replacement for bonds?Cathie Wood just stated she thinks $BTC will take the place of the new 60/ 40 (bonds) !!
“You think about the traditional 60/ 40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution,” said Wood, who’s the founder and CEO of a family of exchange-traded funds based on disruptive technologies.
Read the full article on Marketwatch (Can't post the link here, my reputation is too low)
Even Cathie Wood is bullish on Bitcoin! Replacement for bonds? Cathie Wood just stated she thinks $BTC will take the place of the new 60/40 (bonds) !!
“You think about the traditional 60/40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution,” said Wood, who’s the founder and CEO of a family of exchange-traded funds based on disruptive technologies.
Read the full article on Marketwatch (Can't post the link here)
please like, I would like to join the chatrooms and need reputation <3
$CRSP Trade Review -9.12%The stop-loss that I set for myself for the H&S invalidation play was absolutely obliterated today. We have broken below both the neckline of the head & shoulder and the support of the bullish channel. This puts the level of $84 to $110 absolutely in play.
Unless we are able to break back above the bullish channel and the neckline, the H&S pattern will complete itself. The daily RSI may be in the oversold territory now, but considering the nature of our correcting market, $CRSP earnings miss, ARK not adding to their position, lack of short-term positive catalyst, absence of media exposure, and a high probability bearish price action pattern, there is very little reason for $CRSP to sustain a higher price in the short-term.
As such, the downside risk for $CRSP is extremely huge. I will avoid entering a $CRSP position for the time being as I would like to wait for a re-test of the key levels before confirming a directional bias for a position. If we re-test the bullish channel's support-turn-resistant and H&S neckline but fail to break above either of them, we will likely be heading for the $84 to $110 level to complete the H&S pattern. Otherwise, if $CRSP manage to stay above them, I expect either a consolidation or a push for the resistance of the bullish channel.
This is not investment advice so please do your own due diligence!
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PLTR to the MOONPLTR has been consolidating since late November before spiking up late January due to it trending in r/wallsreetbets.
This probably leads to many retail investors started to look into PLTR business, and I believe some also considered taking long positions in between 35 - 40ish price area.
However quite a number of investors are also contemplating as it is nears lockup period which allows initial shareholders to finally cash in on the previous PLTR rally.
Price dropped at 25 but we saw heavy volume on that day, probably due to ARK Invest doubling down on their position.
On Friday the price gapped up with stronger than ever volume, at this price I believe many will start to jump on the bandwagon.
Short term investor will look at this having a nice risk-reward ratio, while long term investor would not hesitate to finally open their position as the price is already at a great discount.
3D printing, I want in $DDD $SSYSI read Ark Invest's Big Ideas for 2021 and according to them NYSE:DDD and NASDAQ:SSYS are the leading companies of the industry. As you can see in this chart, there is a clear winner when it comes of ROE, but I'll be buying the first one that plays by my rules. At the moment NYSE:DDD is ranked 3rd in its group by IBD Investors and NASDAQ:SSYS is ranked 4rd. Both are having a pretty heavy pullback that I intend to capitalize. Patience is the key, is better to get in late than early.
Although, NYSE:DM is ranked 1st in the same group so, is worth to take a look at.
Ark Invest is super bullish on NNDM, so shall we?
For all ARK fans here, if my math is right. ARKK and ARKQ together acquired a total of 3.8M shares of NNDM overnight, a total of $28M dollar, around 1/10 of this most recent direct offering?? While you could see from my chart (credit to this youtuber : Alien Tomato ) that Ark has been accumulating NNDM shares for the past month. And a deeper implication is , NNDM market cap is 1.13B. Ark is now owning 8.31M shares of NNDM as of today, representing ~70M worth of shares, which means Ark is owning ~6% of NNDM already. This is huge!
Technically, NNDM is clearly on a upward trend line, and it has never fell below its 20MA even with the direct offering its been pumping to the market for the past two months. Apparently institutional investors are not buying enough of its shares. I am personally owning a position with NNDM and am setting my cut lost price at 20MA and looking forward to a price in the MOON!
Another Ark Invest spotlight : BEKE - Shall we get in now?Unlike many other of my recommendations, the price action of NYSE:BEKE is not as strong. It does not present any wedges, it also does not set an key support with high vol transaction, however there are a few observations which I really like about this stock:
1. Its trend line (10-20-50MA) have been consolidating around $64-65 price range for almost a month
2. It has gradually built a swing trade range with a very narrow 15% range
3. And most importantly Ark Invest has been buy HARD since Oct, and has been buying almost every single day thereafter. Looking at the position document of Ark Invest, they have been accumulating around 8M of NYSE:BEKE across ARKK/ARKW/ARKF. You can see the upper chart for a detail record of Ark's buying since Oct.
I believe we are just waiting for any catalyst to to come up to propel BEKE stock to the next support level. I typically would set my cut loss within 8%. However, with the strong buy signal from Ark Invest, I am going to start building a position on BEKE at around $67 range, and set my stop loss at $58. But I plan to hold strong on BEKE for at least 3 months until before its next earning release in April.
My ARKF Price TargetsHello all,
I am currently hoping to get an entry at $60 and confident that after the dip, this ETF will keep its ascending rise towards $80 and $100.
This ETF is extremely BULLISH especially since previous ARK etf's have successfully risen and are on the rise.
ARKF has a lot of technology under its belt like;
Transaction Innovations
Blockchain Technology
Risk Transformation
Frictionless Funding Platforms
Customer Facing Platforms
New Intermediaries
Thank you and good luck to all.
💎👐
The trend is your friend, that's the case for BitcoinLooks like BITMEX:XBT will hold the uptrend. Is forming a classic symmetrical triangle, while holding above the 20 day MA and the selling volume is been decreasing. This are all good signs for a healthy uptrend. So, now I think the best thing to do is to wait an upward breakout to buy.
As I trade for stocks in Folionet, I'll be buying OTC:GBTC . According to various investigations I've read, Bitcoin behaves like a fractal bubble and it looks like still has a way to still go up. Ark Invest is suggesting that Bitcoin could go for $75,000. That's a pretty good buying signal for me.
Holding Square $SQ with good gainsLooks like I was right about NYSE:SQ . It rebounded really well from the support area that I highlighted in my previous analysis, and today is making ATH while doing a strong breakout from it's resistence in $245. I could be a really good buy point depending on how it closes today.
As the day to report earnings approaches I believe the volatility will increase so be carefull when you buy or sell. I think I'll just wait after the 23th to see what happens. But as I've been following Ark's analysis on NYSE:SQ it should continue to go up so I'll be traking this stock very closly.
Drones are coming ! TAKOF drone delivery Canada is going mad !!so we covered the stock thoroughly in our DD article on our site so I will not expand here but just go over several facts:
they were founded in 2014 and currently using an AI integrated system called FLYTE that is not fully AI yet and monitored by staff in DDC headquarters but I expect full AI in the upcoming years.
they have 3 main types of drones the smallest called Sparrow with a range of 30km and can carry 4.5kg of payload
the second drone is Robin XL which can travel 60 km and can carry 11.3kg of payload and the biggest one goes by the name of Condor and can carry over 180kg and can travel 200 km distance which looks like a mini-helicopter!
the drone industry is expected to cross 300 B $ by 2030 acc to estimations by ARK invest that caused the drone industry to rally up
we choose to focus on this stock because the fundamentals are great but the technical are amazing !!
Let's talk Technicals:
The stock was IPO at 1.3772 and it is now touching the IPO level at 1.3558- reached a high of 1.5372 last week.
I LOVE that fact the POC is so high (red line)!! that is very very rare – the POC is at 1.442 which is currently higher than stock price (this formation of the volume is called P shape)
The purple square on the right shows us again an unusual behavior – the higher price levels are already accumulated so the stock can easily pass these areas with no need for convergence (good !)
The lower areas below 1.07 are empty meaning that if the stock drops to that area it can easily keep falling as these areas are not tested (Bad!)
so we cannot have stock falling below 1.08.
Stochastic is in the overbought area but we saw it correcting a bit in the last 4h which is prob because of the pump and dump behavior of the market lately which affects most of the other penny stocks.
One last thing worth mentioning is the tiny gap we have between 1.31 to 1.34 which may need to get filled as gaps will usually do but this is so minor that it won’t have much effect.
How would I play it > I would see pre-market action as always and see if I get a nice pullback to enter, if we see stock rallying pre-market we would not enter until around 17:00 – 18:00 UK time as it is the reverse of the true direction of the stock and can give us a nice correction entry.
We at FDGT the Traders Union are very bullish on the stock and we gave it a price target of 2.7 in the upcoming 2 months - with this meme market we may see it in the upcoming weeks LOL
we trade on our own rules! see you in the take profit
Cheers and be safe!
$SPCE BULLISH TREND TEST after seeing a golden cross which indicates a potential "major rally" last April 2020, and a C & H Pattern which indicates a bullish continuation with an expectation of a breakout, which took effect after the consolidation and breaks after ARK Investment Management filed with the SEC to launch a space exploration ETF, follows a rally and a minor pullback is now expected. A bullish trend after hitting the support will be tested on the following days.
not an expert advice. Trade at your own risk.
WiMi Hologram - this is an easy play ! this is the futureso we are looking at the future of technology -i don't know why people are missing out on this amazing company, really unclear to me - they do hologram technology and they are leading the race! with 5G spreading out right now hologram technology will be enabled on mobiles because of substantial less latency and cloud computing growth. at the moment their main sources of income is payment solutions and holograph commercials - huge potential!
WiMi main products:
1. Payment solutions - holographic ARSDK pay.
2. Holographic gaming
3. Autonomous driving - 3D holographic pulse laser technology
4. Marketing -Holographic commercials
so technicals :
people woke up a bit this month regarding to WiMi (but not nearly enough if you ask me) and a motive wave (impulse) took place
the first stage of the wave crossed 8$
the third stage of the wave took it to 10$+
I expect the fifth part to take us beyond 11$ and I am being pessimistic – it can easily reach even 13$
Once the fifth wave will end we will have a 30% correction back to 8.5 -9$ - because we need accumulation on those areas.
Volume analysis :
-3 months average is 3.3M
-the beginning of the wave showed us an uptick of volume (13.1) up to 45M that day… sentiment!
Regardless of this analysis- this company is going to be huge! don’t forget that name because your kids will play holographic based mobile games on their phones and this will be 1000 times bigger than augmented reality like Pokémon go – don’t say I didn’t tell you 😊
Trade safe and be safe!
PLTR stock was bought by ARK! where stock price go? Palantir (PLTR) we missed you in action in the last month and a half... I covered what the company does and how in the previous idea I wrote in Nov -link here
So Palantir acquired new contracts in the health sector last month and as it seems now – their technology can integrate in any major corporation and improve efficiency dramatically.
This means that Palantir will acquire new clients organically based on user experience that is proving as very efficient and successful – which is the best advertising you can ask for 😊
Shares of PLTR were acquired last night by the notorious ARK invest – they bought 497,100 shares exactly and this is the first time the company is acquiring PLTR which means to us they believe in the company but more importantly, they think the stock price is reasonable if not underpriced!
So, let’s go on technicals – this one is pretty easy and clear
• We had an impulse wave that took the stock above the 30$ line.
• Once wave ended and people abandoned the stock it dropped to 24$ line
• Now we see in the last month it formed a sideways trend between 24$ to 28$
• After ARK news I expect the stock to go to the 28$ line and retest resistance – this will be our first target
• Second target will be breaking through the 28$ and giving us a high on the 31$ line – touching previous resistance
• Third target will be after breaking the 31$ and going to 34$ where we have our highest high and doing accumulation on that level so the stock can potentially break out to new highs – even 40$, we saw the SAME exact behavior on JUMIA this month and it eventually broke out
If all targets are achieved in the upcoming week or two (the market is very fast these days) then we can aim to take some profits at 40$. if we see the PLTR dropping to the red zone on the chart at below 24.00$ we can assume this analysis is canceled and should be ignored
We at FDGT truly believe Palantir has a lot to offer and their product is going to disrupt technology and innovate it to new levels as artificial intelligence is here not just to stay but to take over and companies that will not combine artificial intelligence in their software will fall behind, so this is only the beginning of PLTR , and we are very bullish on this stock in the upcoming years
Closer look (1H chart) :
Please remember to do your own due diligence, we are not certified to give any financial advice.
Happy Friday !!! trade safe
UFO ETF -space stock rally on ARK X newsSpace ETF (UFO):
The UFO is a space-related stocks ETF, it is traded 1.2% down yearly.
3 Month Avg Volume 38.1k
1 Month Avg Volume 78.1k (2X)
Biggest holdings:
(Name / % ETF position size)
1. IRDM 5.95%
2. ORBC 5.66%
3. MAXR 5.30
4. TRMB 5.29%
5. LORL 5.02%
If we break the rally into the Eliot impulse wave we can see :
1 Stage:
The first rally started on Nov 2nd after it bottomed down to 21.10$ and went up 9.6% to 23.13. which tells us the space stocks started rallying before the ARK X official announcement and is probably related to Cathie Wood mentioning it in a previous interview and also smart money getting in first on the move.
2nd Stage:
Went up 11.5% (25.84$) in mid-Nov to mid-Dec, in a 3rd wave in the impulse wave (3rd waves tend to be the longest ones), followed by a fourth wave -correction wave that tends to be the stronger one of the two(2,4), price traded lower (24.87$).
3rd Stage:
Price rose 5.8% (27.40$), News of ARK X the space ETF came out.
TOTAL MOVE is 30% in about 2 months
The ETF has finished its first impulse wave and we will see more upside in the upcoming months a lot of it because of ARK’s announcement and the simplest way to enjoy the space stock rally would be to hold this ETF until ARKX is public and tradeable.