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ARKK

ARKK Key Support LevelsInstead of marking up charts with tons of conflicting information, I try to stick with what matters - support and resistance. 95% of trading is about support and resistance based on my experience, indicators might give you a slight edge but more often than not they'll keep you out of a good trades as a majority of indicators are lagging price. Here are the key support levels for ARKK. The pointy white circle areas mark the points I used to determine support. I looked only for levels that have been used as support and resistance in the past. The red trend lines show that ARKK is currently in an upward trend. The ideal point to purchase ARKK would be on the touch of the bottom red trend line. The horizontal orange lines are areas where the price might also bounce from depending on how aggressive the buyers are.
AMEX:ARKK
by ttrending
1
ETFs, ARKK and GBTC: Stocks, ETFs and Crypto all in oneSource: www.coindesk.com Feb 12, 2021 at 7:44 p.m. Updated Feb 16, 2021 at 5:01 p.m. Cathie Wood’s ARK Investment Management increased its holdings of the Grayscale Bitcoin Investment Trust (GBTC) by 2.14 million shares in the fourth quarter of 2020, bringing its holdings of the market-leading institutional bitcoin investment vehicle to 7.31 million shares. - ARK, the actively managed exchange-traded fund run by legendary manager and early bitcoin investor Cathie Wood, made the disclosure in a filing with the U.S. Securities and Exchange Commission. - At press time, ARK's holdings of GBTC are worth $357.5 million. - ARK's boosted stake is an increase from the 5.17 million GBTC shares it held on Oct. 31, 2020. - Not only did ARK's holdings in GBTC rise in the fourth quarter, the value of GBTC shares took off as well, reflecting the meteoric rise in the price of bitcoin during that same time period. - GBTC shares rose 222% in the fourth quarter and are up 39% so far this year. The price of bitcoin increased 177% in Q4 and is up 63.1% YTD. - Grayscale is owned by CoinDesk parent company Digital Currency Group.
NYSE:QS
by gotomars
ARKK following similar tests along the way to new highs ARKK is following similar price action in forming tests of support for new highs. This current pull back is slightly expedited and showing an increase in volatility than trends in the past. (I believe this has been due to the uncertainty we saw leading up to unemployment rate releases and uncertainty in the overall market). Considering this, I wouldn't see it completely out of the question to see price pull back below the .618 extension and test the perceived .382 line as support. From there I see ARKK making new highs with a price target above $166 (1.0 extension) after claiming the perceived .618 ascending extension line as support. Stop loss can be adjusted up to just below the most previous ascending line found as support. **Not financial advice, these are just my opinions
AMEX:ARKKLong
by rickhubbard10
Update on DKNG, tested previous high, good newsDKNG has contended with its previous high which bodes well for future performance. It's a very low probability event that any stock, commodity, or other financial assets break through a previous resistance without first contending with it. DKNG has carried on trend, and so far Cathie Woods hasn't picked a bad egg. Expect some legs on this trade, especially after earnings when the rest of the world realizes how attractive the prospects for this business and stock are.
NASDAQ:DKNGLong
by EBITDAtiger
5
Bitcoin, Major Indexes, Stocks, ARKK, vs My Managed portfolios 11.28% weekly gain in the first week of February This past week my portfolio of 25 stocks performance was 11.28%, and for the 4th weeks in row My recommended portfolios beat all major indexes, S&P 500 (4.65%), NASDAQ (5.25%), Dow Jones (3.89%)and ARKK(8.75%). Let’s look at the 1- ADTX @ 3.73 - 3.44 loss -7.77% 2- AI @ 139.60 - 146.60 gain 5.01% 3- AKRO @ 29.42 -31.45 gain 6.90% 4- CRM @ 225.56 - 238.89 gain 5.91% 5- EBON @ 5.13 -5.83 gain 13.65% 6- EDTK @ 3.26 -3.55 gain 8.89% 7- EYES @ 2.16 - 2.45 gain 13.43% 8- FSR @ 15.03 - 14.99 loss -0.27% 9- GM @ 50.68 - 54.41 gain 7.36% 10- GNUS @ 1.78 -1.88 gain 5.62% 11- GRPN @ 34.17 - 35.68 gain 4.42% 12- GSV @ 0.7093 - 0.7193 gain 1.41% 13- INTC @ 55.51 - 58.18 gain 5.45% 14- MARA @ 20.74 - 22.52 gain 8.58% 15- METX @ 2.03 -3.05 gain 50.25% 16- MRIN @ 2.16 - 2.28 gain 28.7% 17- MTC @ 2.07 - 2.58 gain 24.64% 18- OPTT @ 4.01 - 4.86 gain 21.20% 19- RIOT @ 20.52 - 23.38 gain 13.94 20- SNOW @ 272.45 - 306.05 gain 12.33% 21- THMO @ 3.41 - 3.27 loss -4.11% 22- VLDR @ 21.74 - 23.25 gain 7.09% 23- VRM @ 36.83 - 47.71 gain 26.83% 24- WISA @ 3.34 - 3.70 gain 10.78% 25- WORX @ 2.03 - 2.27 gain 11.82% This portfolio performance becomes more interesting when you take a closer look at it: - 22 out of 25 stocks ended the week with gains(88%) - 11 stocks have finished the week with double digit gains (44%) - 5 stocks had +20% gains (20%) - 1 stock had 115% gain volatility, although ended the week with +50% gain So far my weekly portfolios have had 54.14% compound gain in the last 4 weeks..! This performance Shines more in comparison with other performances since January 11th 2021: Bitcoin: +10.13% S&P 500: 2.17% NASDAQ: 4.88% Dow Jones: 0.55% Gold: -1.04% Last word: Always search for the most volatile market, opportunities pops up in the most volatile market. Moshkelgosha
BITSTAMP:BTCUSD
by Moshkelgosha
12
Ark just added DKNG; go longArk just added DKNG to its ARKK fund which is extremely popular in terms of inflows and performance. This should create a floor for DKNG to really start to build up its share price. With the support, DKNG should head towards $80 a share. Earnings are right around the corner and this quarter is like their holiday season; the Superbowl, the largest sports betting event of the year. They are going to knock the cover off the ball. Expect a lot of options activity around that time which should help to provide a slight gamma squeeze. Fundamentally, they are beginning to penetrate new markets and take share from the black market as more states legalize. It's truly all downhill from here from Draftkings. Best pureplay on Sportsbetting/Sportsbooks. If Ark and Cathy Woods a.k.a. the "Money Tree" are throwing their weight and reputations behind DKNG, I would NOT hesitate to follow. Buy under: $65 Midpoint to sell half: $80. Long-term price target: $100.
NASDAQ:DKNGLong
by EBITDAtiger
5
12.17% weekly gain when everyone else struggling to make money!First, I thanks all those who supported me in last week by following me, like my post and writing encouraging comments and transferring TradingView coins. I would like to thanks @abail, my follower who send 4600 coin in just on day because of the gain of one of his/her trade..! The roller coaster week finished dramatically for most of traders, all major indexes experienced their worst week since October. S&P 500, NASDAQ, DOW JONES lost 3.31%, 3.30%, and 3.27% respectively and The famous managed ETF, ARKK lost 5.91% of its value..! The coin has yet another bright side..! My recommended portfolio for the week gained 12.17% (volume weighted) in the worst week of the market since October. Even if you do not consider epic 277.78% gain of AMC, still the performance is positive and 1.10% gain. In the last 3 weeks, my recommended portfolios beat all major indexes and ARKK,and beat them 12 out of 14 trading days in terms of performance. Let’s review the portfolio performance! 1-ADTX @ 3.60 gained 3.61% 2-AKRO @ 31.06 lost -5.28% 3-AMC @ 3.51 gained 277.78% 4-AMD @ 92.79 lost -7.71% 5-BYND @ 140.70 gained 26.57% 6-CFMS @ 1.40 lost -25.71% 7- CRM @ 225.77 lost -0.09 8-EYES @ 1.94 gained 11.34% 9- FUBO @ 37.72 gained 12.01% 10- GNUS @ 1.57 gained 13.38% 11- JE @ 6.85 lost -2.04 12- KIRK @ 28.07 lost -9.30% 13- KODK @ 9.46 gained +1.37% 14- LYL @ 2.71 lost -18.45% 15- MTC @ 2.44 lost -15.06% 16- NIO @ 61.95 lost -7.99% 17- OPTT@ 5.60 lost -28.39% 18- PAYS@ 5 lost -6.40% 19-PLTR @32.58 gained 7.98% 20- SOLO@ 8.16 lost - 5.76 21-SPCE @ 34.58 gained 29.20% 22-SYN @ 0.9116 lost -15.19% 23- THMO @ 2.65 gained 28.68% 24- TSLA @ 846.64 lost -6.27% 25- WKHS @ 23.51 gained 45.98% This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds of success for yourself..! Don't forget to like, comment, and Follow to encourage me to continue this. I would appreciate if you share my analysis on your own social media. You can send TradingView coins to support me publishing high quality ideas..! Stay tuned great live stream and quality content videos coming soon..! Wish you a profitable trading week ahead. Moshkelgosha
AMEX:ARKK
by Moshkelgosha
8
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
P
by FDGT_academy
Square Inc $SQ is looking good, againThis stock is amazing, is been going for breakout after breakout. I entered NYSE:SQ on November 4th and I thought that I entered very very late, look at it now. I have a very high expectative on this one not only because its price movement, also because is a favorite for Ark Invest. They are holding NYSE:SQ on AMEX:ARKF and AMEX:ARKK with 10% and 4% respectably, these are top performing ETFs. Right now is on a zone with a lot of support: previous high, 50 day MA and upward trend line. But is always risky to buy on the bottom of a pattern, the best buy point is on breakouts. In my case; that I already have a position, with this new entry point I can have a very good Dollar Cost Average. That´s why I´ll be watching NYSE:SQ very closely this week.
NYSE:SQLong
by dpuleo19
1
Congrats to all my Followers for an incredible trading weekThis past trading week, my recommended portfolio gained incredible 18.32% (volume weighted). This record shines more when you compare it with gains of S&P 500(1.92%), Nasdaq (4.39%), Dow Jones(0.59),and ARKK(2.94%). Superstar of the portfolio were STCN and SUNW with +100% in a week, and ADTX jumped almost 185% in one day..! I want to thanks Muhannadmawed my dear follower from Canada who made the first and second donation by TradingView coins. 1- ACCD @ 52.35 gained 12.87% 2- ADTX @ 2.37 gained 51.90% 3- AKRO @ 29.24 gained 6.22% 4- FE @ 31.67 lost -1.26 5- HEPA @ 2.30 no gain no loss 0 6- NNOX @ 49.68 gained 32.55% 7- STCN @ 1.09 gained 126.21% 8- SUNW @ 11.36 gained 101.76% 9- TMHO @ 2.32 gained 14.22% 10- QDEL @ 204.49 gained 14.24% 11- PLTR @ 25.64 gained 27.07% 12- CFMS @ 1.22 gained 14.75% 13- BYND @ 140.10 gained 0.43% 14- VINC @ 21 lost -0.92% 15- EDTK @3.47 lost-2.31 16- CYBE @ 25.67 gained 1.75% 17- FLDM @ 6.18 gained 10.84% 18- WKHS @ 23.34 gained 0.73% 19- ZM @ 384.53 lost -0.29 20- FB @ 251.36 gained 9.21% 21- SYN @ 0.8199 gained 11.18% 22- BNGO @ 8.43 gained 16.25% 23- DGLY@ 3.05 lost -13.11 24- SOLO @ 7.55 gained 8.08% 25- PCB @ 10.77 gained 15.60% Don't forget to like, comment, and Follow to encourage me to continue this. You can even send TradingView coins to support me publishing high quality ideas..! Stay tuned great live stream and quality content videos coming soon..!
SP:SPXLong
by Moshkelgosha
20
TDOC Breakout Trade, with Trigger and StopAfter the acquisition of LVGO, TDOC has traded sideways, creating a 6 month base. During that time TDOC has increased its institutional holders to 44 funds. Technically, the chart is showing an inverted head and shoulders base beakout, a trendline break, and consolidating below supply between 225-240. Above 240, TDOC can break upward to 300 with an upward target of 500. The chart is similar to ROKU's pre-breakout, which I also posted. (see related ideas). The stop would be a break below the downtrend, at 215.
NYSE:TDOCLong
by watchjoshtrade
2
RECOMMENDED PORTFOLIO of 25 STOCKS FOR THE COMING WEEK After having a fantastic week with 4.37% gain(volume-weighted) in one week..! While NASDAQ 100, S&P 500, and Dow Jones lost 2.3%,1.48% and 0.91% of their value respectively. Even managed ETF of ark invest ARKK LOST 0.4% in the previous week. I hope with the changes I made in the portfolio, it's performance became better in the following week. Although we are going to have a week full of news, which could alter the whole market performance, I believe soon we have enough reason for a better market..! ( It is better to invest an equal amount of your capital in each and have them all) 1- ACCD @ 52.35 2- ADTX @ 2.37 3- AKRO @ 29.24 4- FE @ 31.67 5- HEPA @ 2.30 6- NNOX @ 49.68 7- STCN @ 1.09 8- SUNW @ 11.36 9- TMHO @ 2.32 10- QDEL @ 204.49 11- PLTR @ 25.64 12- CFMS @ 1.22 13- BYND @ 140.10 14- VINC @ 21 15- EDTK @3.47 16- CYBE @ 25.67 17- FLDM @ 6.18 18- WKHS @ 23.34 19- ZM @ 384.53 20- FB @ 251.36 21- SYN @ 0.8199 22- BNGO @ 8.43 23- DGLY @ 3.05 24- SOLO @ 7.55 25- PCB @ 10.77 Stay tuned for changes that I would make during the next week..! Don't forget to like, comment, and Follow to encourage me to continue this. Wish you a good trading week ahead.
SP:SPX
by Moshkelgosha
4