ARKK trade ideas
Apocalypse of ARK investEveryones know ark invest will not perform well unless tesla performs well..!
now their biggest ETF, ARKK performance becomes negative again in 2021..! and all their ETFs underperform in comparison to major indexes.
congratulation to their management team who manage the ETFs...
I warned everyone this bubble is going to burst, when the price was 143, no one listened to me..!
How is it possible?
Don't you believe it?
Check this:
be ready for this one!
ARKK ShortARKK Short
ABC Pattern
SMA50 as resistance
OBV<OBV34
W%R Above 50 -- not good in this trade
Entry 123.7
Stop 133
Target 80
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
ARKK, TIME TO BUY?Hello fellow traders and investors, here's another trade idea.
ARKK has recently been pulling on back along with the overall Nasdaq and has found a support at the trendline, I think this trade is a great opportunity since ARKK's performance lags the overall Nasdaq recovery. If ARKK makes a recovery to the take profit area it offers around a 25 to 30% ROI.
Technicals:
The Macd indicates that it's oversold and in an uptrend
The Volume shows signs of exhaustion of bearish volume so I'm thinking we will see some bullish volume in the next few days.
When To Buy:
Now or when it breaks through the key level.
When To Sell:
I recommend selling in the take profit area.
Fundamentals: Arkk is an innovation ETF created by Ark invest. ARKK focuses on doing the investing for you. Their fund owns shares in many companies including TSLA, TDOC, SQ, ROKU, Z, ZM, BIDU, SHOP, SPOT, EXAS and many more. If you believe that those companies will grow well then the ETF will also grow.
Rating: 95/100 the technicals are very good and so is their business model and I think this is a great trade opportunity.
NOTE: I might buy some shares.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
my investment strategy for my lifetime I used ARKK not SPY for this post because this is a very "Cathie Wood" investment strategy but it is because I believe her and wanna set myself up for what I think will happen
In short I think innovation will push us into a new world or a major currency will collapse and cause us to almost reset
I am invested in a lot of bio tech and innovative tech because I think that is really is the future and these companies that don't have earnings have growing revenues and the companies with earnings are beating expectations
Either the everything bubble will pop in our lifetime and so much we have worked for will be gone or it will never pop
I think we are at a point where it will either happen or it just won't
real estate is not a bubble right now in my opinion
inflation is a different story because we won't truly know what we have done until the country re-opens
short term I think the highest we will get is %3.8 inflation
but when the country opens it will either shatter us or it just won't happen
a genuine coin flip in my opinion
my account is all innovative tech and I'm not shy to say it
not saying anyone invested in value is an idiot you clearly aren't but it was a short term trend to adore Cathie and these stocks now it's a short term trend to hate them
I think this small cap crash is just gonna be the market sifting through the genuine dog water stocks and only bringing with it the ones that actually offer proof of concept
nothing will be safe for this next crash if it is as big as me and other people think it will be if it happens
I am clearly banking on inflation and a currency collapse not happening. crashes for other reasons are not out of the question but also don't have the catalyst right now
this is my opinion and my bet on it is my account
if you wanna call me an idiot don't comment something of hate. buy ARKK, XBI, QQQ leap puts.
flat out, when it happens if they bank, then tell me I'm and idiot
it's better to be optimistic and wrong than pessimistic and right
good luck everyone, I hope it works out for many people
Where Can the ARKK Fund GoOn the daily, 200SMA acted as very good support that got tested on the last dip. It looks like it can be tested again around $110 or so, but it would be a higher low which is bullish imo. RSI is showing higher lows as well. MACD looking like it can have a slight dip.
20 & 50 SMA act as resistance on any of the other hourly time frames. Double top at $130.
Took some sweet profits I had on 5/21 and 6/18 120c and 125c. Short term I'm bearish with a 4/30 115p for big tech earnings. I think I'll get another 115p if there's another green day, if not, my 115p will suffice as I don't want to get overextended.
If ARKK drops to $115 or $110, I'll go hard on more long term calls.
$ARKK | ARK Innovation: Still bullish above $120 $ARKK broke out of a sideways consolidation zone. Watch for a bounce from structure.
ARKK consolidation area possible breakoutARKK consolidating in this area, looking for a breakout/breakdown above the top/low of this range
ARKK UPDATE (Not complete)This is my current view on AMEX:ARKK
THIS IS JUST MY ANALYSIS. IT HELPS ME VISUALIZE MY THOUGHTS.
ARKK Double bottom on 4H, next few periods will be interesting!If it can break through the $130-131 area, ARKK could be back on its uptrend. If it stumbles in the high $120s, we could be in for more turbulence.
Arkk double bottom?Ark invest ETFs look to be coming back.
Double bottom can be seen on $ARKK and $ARKG.
#ARKK is this popular fund a BUY?Someone asked me abt $ARKK #ARKK.
Well supported above 200ema (thick red line)
1st Supertrend flip to Buy.
For Swing traders who entered earlier, First possible TP: 135
Please be cautious n nimble. We are heading into strong Resistance Zone 120-128 (High Volume Nodes).
Take note of incoming Candle Colours. Will like to see Olive and Dark green candles in the coming days (that provides indication of strong buying volume for upside trend continuation)
.
Long Term Investors, check #ARKX or #BLOK instead!
#CathieWood
#ARKKInvest
#VCCB
- ARKK - Back to Back We should start to see this return to its normal upward momentum very soon.
Grade A BUY zones for any trader.
Like and Follow for more!
Thanks
Double Bottom ( W ) I think the chart will tell you all but, Will also adding some tips here ,
We got double bottom ( W ) on ARKK, that's means a uptrend channel to us, Which we can get our targets & res-lines by Fibonacci. Also will add that ARKK is depended on TSLA, ROKU, TDOQ & SQ. So if these stocks moves up then definitely we can see a huge movement from ARKK.
Sideways to slight downtrend Trading sideways trend with a slight short-term bearish. Broke out of the descending triangle after a bounce near the weekly support. Watching for price action to come down and establish a base near key s/r for accumulation.
Not financial advice
ARKK: New Short SetupARKK has once again bounced off the 200 Day EMA and appears headed towards a retest of the 21 Day EMA. Nevertheless, volume-based indicators remain weak, so a re-short from around 120 could be an excellent play with a target of 93 hopefully this time.
