Get started
ARK Innovation ETFARK Innovation ETFARK Innovation ETF

ARK Innovation ETF

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals Options

ARKK trade ideas

$ARKK Wedging$ARKK seems to be a barometer for risk-on risk-off in this market. A month ago, I was looking at the re-test of the 30 Week MA (white line) then the break back above the flat line of resistance to be a long signal. (I took the trade long only to be stopped out 3 days later.) That turned out to be a false breakout. We are now in a downward consolidation pattern that could break either way. I have alerts set at both sloping trendlines and I’ll look at taking a trade either long or short depending on the direction of the break. If going short, I’ll likely use $SARK an inverse ETF for the ARKK fund. I will also be looking for other longs or shorts in the market once ARKK breaks either way. Ideas, not investing / trading advice.
AMEX:ARKK
by jaxdog
ARKK - Sinking ship alertCathie sure did outdo herself Friday, she bought more COIN instead of dumping it. How does a fund manager NOT know what a Wells notice is? The big issue with this ETF is that she seems to be consolidating into her top 10 holdings instead of diversifying. She's not even looking into new stocks, just buying more ROKU and COIN, lol. News: finance.yahoo.com Trades: cathiesark.com Holdings: file:///C:/Users/hiroki.hirata/Downloads/ARK_INNOVATION_ETF_ARKK_HOLDINGS%20(3).pdf I have no position in ARKK (a few COIN puts though), I just think she's dumb AF, Stay away from this ETF. Posting only because I saw she bought COIN Friday, lol. COIN will be a drag on this ETF until they go bankrupt. NOBODY wins against the SEC.
AMEX:ARKK
by hungry_hippo
6
Cathie's woodShort term we saw a rough shaft descent as the Fed's interest rates caused high PE innovative companies to plummet. However we are now in a consolidating phase (right testicle consolidation) and companies such as Tesla doubled in value YTD. In other words, Cathie's Wood will be trending up long term due to high interest in tech innovation. We expect investors to realize that innovation will outperform traditional industries (ex: AAPL, TSLA, MSFT, GOOG, etc). The ARKK fund is composed mostly of mid-cap stocks so there is a lot of upside potential before they become large caps.
AMEX:ARKKLong
by Monsieur_Lumberg
ARKK - Falling Trend [MIDTERM]- ARKK has broken through the ceiling of a falling trend channel in the medium long term. - This indicates a slower falling rate initially, or the start of a more horizontal development. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 46, ideally with an increase in volume, signals a further rise. - ARKK is between support at 37 and resistance at dollar 44. - A definitive break through of one of these levels predicts the new direction. - ARKK is overall assessed as technically slightly negative for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
AMEX:ARKKLong
by wavepoint99
ARKK Short: Fibonacci darlingI came across an EW counts from a fellow EWer in Twitter but found the counting weird. So I decided to do my own counting. To my pleasant surprise, ARKK is a Fibonacci extension darling (and I love it when a chart follows Fibo levels). Warning: because of my tendency to love fibo levels, my psychological bias might force wave counts to fit (hopefully this time it is not). So, as you can see, there is an primary counting and there is an alternate count in red. Both are valid. But why do I choose a short bias? The reason is more macro-fundamental than technical (technical is unbias now). The yield curve has inverted and we are seeing corporate profits falling and job cuts for previously financially-irresponsible companies (read: most big tech and big tech wannabes). Also, recent reports shows that retails are massively into the market ($1.5B per day of inflow). This is not good. This is akin to the GFC where retail piles in at the start of the bear market. Also mortgage application down to all-time-low in the US. Fundamentally, things aren't looking good (even though jobs report is surprisingly good). Thus the bias.
AMEX:ARKKShort
by sngyuchao
1
Is it worth waiting ?We tend to think rationally this way, if the price can/will goes down to 0.80 , why do I want to buy at $1 ? The million dollar question is IT MAY or IT MAY NOT. If you are so certain, then probably you would pawn everything you had and go ALL IN and make a big bet out of it. The reasons you hold back is the question of "WHAT IF" I am wrong ? Call it fear, margin of safety or being cautious, I think it is the right thing to do especially in investment. You probably also take time to save up these money in order to invest so you want to play the game right ! So, will the price fall to the dotted line as I have shown on the chart or will it rebound from here ? If it does and continue to rally, then months later, you would kick yourself in the butt for missing a few cents opportunity cost ! However, it may fall through the support line as well as sellers continue to dominate this ETF, who can tell for sure ? There are many products to choose from in the market , so spend your time , do your research and if you want to bet on it, start small and accumulate along the way. I speaks for myself since I am interested in many products (or call me greedy) so I would diversify quite widely, haha.
AMEX:ARKKLong
by dchua1969
1