ARKK trade ideas
Hedge your bet with the ARKK Innovation Etf
just now
With big tech falling after the first week down for the S&P in 2021. We will likely see a slide in the technology space. I believe a buy in the ARKK ETF is a nice prospect. They have positions in companies that are prime to continue performing well in the market. I will be buying the dip on this ETF into the buy zone listed. Tech will slide, the question we need to ask now is for how long.
Top 10 Holdings
As of 1/29/2021pdf_iconView All Holdings
Weight Company Ticker Market Price Shares Held Market Value
9.56% TESLA INC TSLA $793.53 2,726,469 $2,163,534,945.57
6.71% ROKU INC ROKU $389.03 3,901,096 $1,517,643,376.88
5.24% TELADOC HEALTH INC TDOC $263.83 4,495,919 $1,186,158,309.77
4.63% SQUARE INC - A SQ $215.96 4,854,798 $1,048,442,176.08
4.42% CRISPR THERAPEUTICS AG CRSP $165.70 6,030,285 $999,218,224.50
3.80% INVITAE CORP NVTA $49.52 17,340,761 $858,714,484.72
2.89% PROTO LABS INC PRLB $211.80 3,088,854 $654,219,277.20
2.82% BAIDU INC - SPON ADR BIDU $235.02 2,717,183 $638,592,348.66
2.76% ZILLOW GROUP INC - C Z $130.46 4,780,089 $623,610,410.94
2.75% SPOTIFY TECHNOLOGY SA
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SQ
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..!
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Wish you a profitable trading week ahead.
Moshkelgosha
Where is the support level for ARKK..?Many people believe , technical analysis is not working on a managed ETF, BUT you clearly see how ARKK responded to 20 EMA and 50 EMA in last couple of months!
This is the first time since November 10th that ARKK is closed below its 20 EMA..!
128+123 could be the next support level.
ARKK Potential mean reversion pullback/correctionARKK price sitting a +3 standard deviations above identified linear regression mean with a potential RSI divergence identified signaling a possible pullback or correction to levels of support.
Linear regression analysis
ARKK's current bull trend beginning on MAR 18 2020 has been well identified
A linear regression trend pulled to current date gives a Pearson's R maxed at 0.97634... indicating a strong correlation
Current price is sitting at +3 standard deviations (SD) above linear regression mean
RSI Divergence
RSI divergence identified from DEC 23 2020 - JAN 15 2021 levels
As per my own RSI strategy, I overlay fibonacci retracement levels on my RSI indicator
Previous observations indicate that a price break below the 0.618 RSI level corresponds to a break of identified areas of support when found with a divergence of price action
Support at RSI range of 48-52 could correspond with a retest of some region of price action support
Cumulative analysis
As price action continues to make higher highs and RSI continue to make lower highs, I am looking for a pullback or potential correction to coincide with a potential mean reversion. Using RSI bearish divergence as a signal, I have a higher degree of confidence that this will occur.
Using fibonacci extension/retracement levels as well identified areas of support and resistance as they correspond to linear regression mean and SD areas, key areas of support appear to be at approximately $141.50, $138, and $131.
I will be watching price action over the next few days to watch for confirmation or rejection of this analysis as RSI is still in a bullish range and volume could certainly continue to push price higher and invalidate the currently observed possible divergence signal. A bullish move and breakout of ATH could see a move to $156.
ARK Innovation ETF1. Companies within ARKK include Genomic Revolution, Industrial Innovation, Next Generation Internet, Fintech Innovation. (src: ark-funds.com)
2. Top 2 holdings: Tesla (9.12%) Roku Incroku (7.54%) (src: ark-funds.com)
3. This is not an advise to buy or sell. Do your own research.
Interesting 'curling' behavior after an incremental lowThis may not be new to many of you however I'm always trying to learn and identify common behaviors to help me understand how to react to market movement. Here is ARKK at the 1h view and noting that each time an incremental low was achieved, the price movement 'curled' upwards and either then continued down or reversed direction and continued up. This helps me understand when to scale back on investments that are underperforming in the nearer term.
ARKK Potential CorrectionThere is a bullish trend going on that started around March 15, it has all to do with the COVID-19 pandemic were in. Despite that investors are very positive since then. A Bullish view on an Innovative and very hot ETF. Much Potential.
ARKK price sitting a bit above the linear trendline. I think ARKK is a bit short in the next days but overall im very bullish about this paper. Would like to hear others ideas regarding this stock.
~ Cheers!
ABCD \ Lightning pattern EXAMPLE W 618 PULLBACK SEE CHART FOR EXAMPLE TO FIND LOW RISK ENTRIES, DAILY AND WEEKLY WORK AMAZING, BEST USED W STRUCTURE, MANY WILL PULLBACK TO 618% FROM LOW TO HIGH TO SHAKE OUT LOOSE HANDS AND CONFIRM LONGS
ARKK - Buy LevelsARKK has been solid and will continue to provide excellent returns. Price has been climbing channel and is currently around the median.
Seems like a H&S pattern is forming on low and high time-frames, thus a potential move down can occur.
I have set buy levels down to $110
ARK ETF Innovation: Buy & Hold: ETF: USA Happy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Profit_Taking_4_ARKKARKK is a great stock but may find some headwinds AND looks overbought...still long overall BUT may need to find a better entry during the end-of-the-year rotation would wait a couple of days to let the momentum finally lose its entropy while profit-taking also will come into play...
ARKK is this the local topIt would be nice to get a correction here. But I'm fine if we don't get one
She Blowed Up Real Good!Looking fully valued and real toppy. Set-up for correction IMO. Look at how overbought the indicators!
Highest daily volume past week smells like a blow-off IMO. Fascinating ETF, outperformed NQ!
Not investing advice; trade at your own risk, or don't trade now at all; GLTA!
Hard days ahead for actively managed ETF!Since they invested more than 99% of the capital in the stock market they can beat the market in both directions..!
Comparing ARKK to PBW and nasdaq100PBW has been blasting it this year, but it underperformed the nasdaq100 for a long time before that. ARKK has out performed more consistently. We are seeing more chinese tech taking the reins in recent times.
This is just an observation of all things in cutting edge sectors. Green energy might be pushed as people shy away from fossil fuels. Especially after the negative futures prices for oil earlier this year. I like all of these ofcourse.
$ARKK Next MAJOR Downturn Buy This Name And Go Back To Sleep Title Once Again Says It All - Have You Lost $$$ trying to trade on yoyr own? Here's your solution BUT ONLY ENTER ON A SEVERE PULLBACK in the SPX Ms Woods has a BETTER track record than Warren Buffet - With all due respect to Mr WB - Not Advice
