BIotech sector seems to be starting a new bullish phaseAccording to the CEO of NVDA, the next big revolution is coming into biotech. Biology will be engineered and therefore will compound exponentially. Now might be a good time to enter this field.Longby powerintegralPublished 111
Have to try a long hereRSI massively oversold on daily, macd showing bullish divergences, shark harmonic completed, doji candle, at an inflection point from a prior major swing high near the beginning of this asset... I havent been able to hold this more than a few days in the past, hopefully this times different. Ready to cut it if need be.Longby MikeMMUpdated 334
Completed harmonic, bullish divI am long here. were at a great support, completed harmonic and bullish div on the macd.Longby MikeMMPublished 1
When I look at this basic trendlineI cannot help but get FOMO. I dont know much about genomics but some very smart people make some very bold statements on where this is all heading. Anyone that knows anything want to chime in here? why will this not moon right now?Longby MikeMMPublished 2
ARKG back to its long term bottom trend; ready to run again!As markets are about to buy tech again, bio technologies are set to capture the imagination and dreams of investoors. the upside is virtually unlimited, but a priceless prize lies somewhere ahead in the mist of this treacherous mix of money and biological researches: the Fountain of Youth. A priceless dream will meet an unlimited wall of money. Longby Pablo_FiascoPublished 5
Growth Stock Cyclic Indicator [@PierceARK] The $T10YFF and $T5YFF, or 10 and 5 year treasury constant maturity minus federal funds rate is a good indicator of how likely it is that capitally intensive growthy stocks will rise in price. This is because investors cycle in/out of bonds/equities as the rates change. You can see in the chart below that the T10YFF has an inverse relationship with the effective federal funds rate. This is obviously true because it literally says "minus federal funds rate" in the name. Since growthy companies, particularly pharmaceutical companies, have a large capital needs over long time periods, this results in an inverse correlation between the T10YFF and growth stocks. I'll use ARK's Genomic Revolution ETF $ARKG as an example of growthy pharma. See examples below: This is also a nice way of seeing when something is getting into equities that is unrelated to rates. Anyway, I think this can be used to 'arbitrage' growth stocks. To do this, I take the simple moving average of the variance of the T10YFF's moving average convergence divergence (MACD) line over a 3 day period. Then I average this with the -1* MACD line itself to get what might be a buy/sell signal line. From this you can see when the white line is above the red threshold line I made using the variance I talked about earlier, you should be considering buying, and when it is at or below the green threshold line, it may be time to start thinking about selling. Here is the script associated with this indicator.by jamiesonpaPublished 3
ARKG $ARKG Initial LongARKG $ARKG Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.Longby loxxPublished 226
Return to normalI feel like in a few years from now this could go up from where we are now. Nobody believes in cathie wood anymore but genomics is the future. But this got way ahead of itself. I don't expect this to moon anytime soon alsoby NielsagaertPublished 114
$ARKG - Weekly TF AnalysisThe macro count is pretty clear. We're below the 38.2% fib of the impulsive move from the covid lows, and approaching the 50% fib as well as the bottom of the channel. The weekly RSI is lower then even the covid lows of march 2020. In fact the RSI hasn't been this low since inception in 2016. As with all of ARK's ETF's these are long term plays. If you want biotech exposure, this is a great time to buy this ETF. Ask yourself, do you think the healthcare industry is likely to be more profitable over the next 5 years or less profitable? Do you think innovations in gene editing, DNA sequencing and mRNA technology is going to increase or have we peaked in this era of perpetual covid? Longby ir-rizzlePublished 2
Apocalypse of ARK invest, a forcast that became a reality..!Jim Simons: “Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty. On February 28th, 2021 (10 months ago) I published this article: The Social Media Trading Bubble comes to its end..! I have always said: Only time could show the accuracy of analysis..! 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. - 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 revolutions they are talking about anymore? I believe ARK noticed a company with 719k revenue ( CRSP )in the past 4 quarters couldn’t have a 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 good news for ARK invest, Tesla chart pretty much looks like CRSP ..! So be ready for that bubble burst too!( Tesla is the biggest part of the pie in most of ARK’s ETFs) Time will show us the reality of the people’s claims..! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Shortby MoshkelgoshaPublished 101011
ARKG "Ping" that rang in the bottom? exact bounce off Golden Fib"Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Until a new Impulse occurs, the Price oscillates within "Energy Bands". Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?" Some Pings are so clean you can almost HEAR them resonate off the chart. Such a Ping causes the Price Wave to STAGGER as if it received a concussion. Not all Pings start a reversal, but Most reversals start with a Ping. Every Ping increases our confidence in the entire set of Ripples. When the Pings stop, it is time to find the new Impulse at work. Kathy's ARKG fund is a picture perfect example of a major Ping. It was a PRECISE and VIOLENT ricochet and from a GOLDEN fib. Ping was so loud one could almost HEAR it emanate off the chart. . Part of "Chapter 6" in my ongoing "Book" detailing my methodology. Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: 'one' Ping only <= Current Example Chapter 7: The Mighty 2.618: like a Rook in Chess . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos .by EuroMotifPublished 119
arkg might bounce hereWe are bounching from the 0.618 fib. Probably going to end up in the upper channel. Question if it can break to the upside? Longby NielsagaertPublished 2
possible breakout to watch for... or breakdown?Watching to see what happens with this chart pattern we're seeing form on ARKG. Over the last few months the ARK funds have been in the spotlight as funds that won't be able to perform well past the initial hype. Will ARKG be able to take back its glory or breakdown to lower levels? We'll see.by Reilly1995Published 1
Cautiously Long Amid Promising TechAccumulation and short zones. Looking for a break above moving averages and trend line. Original idea from jburf.by leviackermannxPublished 225
$ARKG - Forget Noah, Cathies ARK will keep you afloat! Prime setup for $ARKG as we hit the midway point of Bloody September, the worst month for returns. We've already seen several pullbacks, and with quad witching coming on Sept 17, we're bound to see some volatility. I fully expect ARKG to fall a little further as the broader market bleeds, but come the quad witching hour, you'll start to see the tides shifting. Growth stocks are looking ready to launch off, and this fund which reflects not only biotech but also AI (as a lot of biotech companies stand to benefit from advancements in AI such as Googles Alpha Fold) is a prime example of the wave count that's prevalent across the board. Here we have: 1) W2 golden zone target between 80.50-76.79 (green) 2) Leg Y of W2, A = C equal legs target also matches 78.6% retracement of W2 (arrows) 3) Leg C of Y reaching its 14.6-23.6% fib targets between 76.34-75.34 (yellow) 4) Leg Y reaching its 23.6-38.2% fib targets between 77.63-75.70 (red) 5) Large volume profile node peaking around 76.30 This ETF should be in your growth portfolio, and now is the time to get your money ready. Remember, these funds have a 5 year time horizon. Ride the wave! Longby ir-rizzlePublished 116
Bearish Wedge (ETF)Se observa como la tendencia del ETF es descendente, pero el 21/10 se recupera con tendencia alcista, pero el 26/10pierde impulso y continua su tendencia a la bajaby ibrahimcaballero76Published 1
ARKG - Narrowing TriangleI see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible. I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle. If that occurs, I will start opening position on point 3. we see 2 influential figures coming head to head. Burry & Cathie. Although Burry is more on Tesla bubble, still these kind of names have an overall impact on whole ARK etfs. Thread carefully, my thoughts on Burry`s stance is a bit low. Yes the total market is high, yes the run after covid has been very steep but if you open a short position for that long (>1 year) eventually at one point you will see a correction. So without giving a timeline, it is easy to say there will be a market crash. Every 18 - 24 months, SnP 500 does more than %15 downwards correction. That correction might be %20-25 on ARKK. This does not mean you are right. If you say in Q3 21 I expect that crash/correction, and it happens then yes you are right. Timing is the most important thing.by S5_Trading_DeskUpdated 2
Bulls losing ARKGBulls need to step in soon. ARKG recent 100MA death cross the 200, 2nd retest of downward channel and 200MA fall . Not looking good and 72 first target. If bears lose control, we see a breakout of the channel back up to 93 resistance levels. Really nice volume shelf support at 83... this needs to hold. Opened an 85/90 debit spread for 9/17 to be closed if we break below 80.5 by FriscoTradesUpdated 1
$ARKG - Getting close to break outIt looks like wave 2 has not completed yet. If we get a bounce and rejection off of the DTL and PoC line, and break the support around 82, we could see a completion of wave 2 around 75-76 followed by wave 3 to 110+ Longby ir-rizzlePublished 116
We are at split road nowARKG just broke the long term parallel channel, i expect it to close down to 78 if it does not hold above the parallel channel or we will see it shoot to 91 in near term. Given the macro environment which market seems to be bullish (I think the money will rotate back into Cathie's ETF.by Sky2LiveUpdated 0
AKRG going downI think with the macro environment, there will be a small correction to arkg which represent more buying opportunity. First timer here, please commentShortby Sky2LiveUpdated 112
ARKG trying to find support at S2 pivotBut will not be surprised to see it touch $78 near-term. Shouldn't stay there long. Note Williams %R below -80Longby goledgerPublished 3