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 daily at major resistance, sell signalARKK is at major resistance. It is at the upper trend line from the channel and pretty close to BigReed or 200 days MA. It is also at resistance from October and November highs. All those resistance will highly likely act as resistance from which level the price should current. The price definitely confirms today's price action which is bullish. It is above 8, 20, and 50 days MA but it is below BigRed or 200 days MA: RSI is way overbought and is due for a correction. MACD has strong negative divergences and is not confirming this price action which is bearish. Overall: ARKK is due for a correction. It is a major level of resistance while at the same time, RSI is overbought and MACD has negative divergences therefore we are giving it a sell signal. We will need to wait to see is it bears the flag we will have small consolidation on this level and then a strong move above Big Red.
AMEX:ARKKShort
by Consistent_Trades
Going to short the ARKK bounce.The theory used here has a few parts. 1 - If/when the 423 of a bottoming swing is met, there's most often a pullback or reversal. 2 - Most commonly there's a spike out of this level. Stops are gunned and then the move comes. I think we may be here. 3 - If we're in this style of move, the 423 will typically hold a retest. This is another spot to take shorts here. The risk zone for this type of trade after the spike out is small. It's either right or wrong (Most of the time) and tight stops can be used. Targeting a spike out of the last low, this offers a little over 1:10 RR.
AMEX:ARKKShort
by holeyprofit
ARKK UpdateCathie's ARKK continues to sink, lol. I told everyone to stay away from this garbage. Biggest holdings are ZM, EXAS, TSLA, ROKU and SQ. TSLA really tanked this garbage, it was the only thing propping it up until recently. No position, I just think it's hilarious anyone actually buys this fund. How does she even have a job? WHy do people keep interviewing her like she knows anything? Anyways, 5 year negative return now. We should see the market bump up a little next week, so maybe this goes even for 5 year return, lol. A blind monkey throwing poop can pick stocks better than Cathie.
AMEX:ARKK
by hungry_hippo
6
ARKK - Still looks concerningHello friends, today you can review the technical analysis idea on a 1D linear scale chart for ARK Innovation ETF (ARKK). The chart is self-explanatory. I have been providing warnings since December 2021 so I hope you followed along. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
AMEX:ARKK
by MillionaireEconomics
ARK Worth investing into this long-term Bullish DivergenceThe ARK Innovation ETF (ARKK) has been holding the 33.30 Support since the October 10 1W candle. As shown on this 1W time-frame, this is the Support that was formed on the March 16 2020 low during the COVID crash. Perhaps the most important development here is that, while the price has been on Lower Lows since June 13, the 1W RSI has been on Higher Lows, flashing a huge Bullish Divergence. Holding the 30.30 Support is a strong signal that the market may have bottomed and a strong rebound is about to begin. The first Resistance is the 1W MA50 (blue trend-line) and the Q1 target for us is the 1D MA200 (orange trend-line), which had the last major rejection on ARK (March 28). It is interesting to observe how strong Resistance (and Support) levels the Fibonacci lines have formed during this 2 year correction, especially in the upper bands. They can be used as targets later on after the 1W MA50 and MA200 break. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
AMEX:ARKKLong
by TradingShot
35
I wasn't bearish enough on $ARKK, going to $22 before bouncingARKK is complete garbage with many of the stocks in the ETF now breaking to fresh lows. I originally thought we'd bottom in the $45 range (you can see how that panned out in the previous analysis below), but it turns out I wasn't bearish enough. Now, I think we're likely to see a capitulation move down to $22 before it starts to recover. If we look at the chart, ARKK broke through it's final support and now the only thing that can hold it up is the minor support at $35 that's already been tested multiple times. Because of that, the support is weak, and if it breaks that support, there's nothing keeping it from freefalling down to $22. ~50% drop from here? I think so. If you're already long in this, set a stop under $35 to prevent yourself from losing a lot of money quickly.
AMEX:ARKKShort
by benjihyam
ARKK Continues to SinkTSLA lost support and it's the second biggest ARKK holding. I told you months ago that this crap fund would underperform the market because she's trying to catch the proverbial falling knife on garbage stocks. While the market rotates into money making stocks, she's buying money losing garbage: finance.yahoo.com Worse yet, the few stocks she owns that actually make money (TSLA, ZM, SQ) are underperforming as well. Before you buy this garbage, look at their holdings: ark-funds.com No idea why people keep interviewing her, she's just a bubble stock chaser with no idea how to trade a bear market. She's just praying for a Fed pivot, lol. No position, though I have been doing some short term trading in SARK recently.
AMEX:ARKK
by hungry_hippo
4