ARKK - Bubble chartIf it follows the bubble chart it may follow this path. For long term investor who believe in the fund , the area to one consider to buy.
ARKK trade ideas
ARKK predictionHey guys, I think it's fair to say what ARKK is doing right now has some similarities to what it was doing back leading up to the rally in March, only with some more relative strength this time around. I think ARKK will eventually resolve lower by August, but I think the intermediate-term could be another rally higher. I would not be surprised if this rally nears $50/share and breaks the June highs. I would expect said rally to be faded considering my price target on ARKK remains lower and I think market conditions at that point would point towards rallies being faded across the board. Let's see how it plays out!
"Big Opportunity"Hello friends. We had previously posted in May about how the ARKK collapse shares a similar structure with the tech bubble collapse. Now we will give an update on the "Big Opportunity" that may be forming.
Investors will be drooling when they see a chance to buy shares of "innovation" within the wholesale price range of $30-$25. If you liked ARKK at $160, you will LOVE it at $30! As the clickbait thumbnail suggests, it is indeed a big opportunity for those who will be patient and press the big green "INVEST!" button. But it also carries some hidden risks that investors should not ignore.
Our plan is very simple. We will average into a medium sized investment on the ARKK index inside of the green Investment Zone box, and then ride it out for the next year.
In terms of the fundamentals of Cathy's index, they are not super amazing because she has purchased a lot of unprofitable or hardly profitable companies that don't really have any clear plans towards becoming profitable. Her largest holding at 10.1% weight is Zoom, which is an aweful business with no true moat and huge competition risks as well as a terrible P/E (TTM) of 27. Her second largest holding at 8.6% is Tesla, which is an even worse company run by a degenerate narcissist scammer with an unthinkably overpriced P/E (TTM) of 92. That's right, it would take you 92 years, or well over 1 average LIFETIME, to get your investment in Tesla back. And Cathy is still braindead enough to think it's a very good investment, based on her made up models that are not pulled out of thin air. Her third largest holding is Roku, which is yet another aweful business with no true moat and huge competition risks as well as a terrible P/E (TTM) of 89.
The bull case for "growth stocks" is that they don't need to produce much (or any) profit to be a good investment because they are expected to grow their profit margins exponentially into the future. However, this is not very sustainable, and it's not realistic for a company like Zoom for example to grow very much at all. In fact, Zoom would be more likely to shrink than to grow when you consider the fact that anyone could go ahead and make "another" Zoom, which would function the same or better, and rob revinue from the "real" Zoom.
It's interesting that Cathy claims to invest in the future of innovation when really she is investing in stocks that will be *destroyed* BY innovation. Tesla will be destroyed by water powered cars. Zoom will be destroyed by whatever the next greatest online video chat platform turns out to be. Roku will be destroyed by it's countless competitors within the streaming space such as Netflix. The fact is that she's not really investing in the future at all, she is investing in the past and crossing her fingers to hope newer and brighter innovations don't outshine the innovations she has already bet big on.
So then what will happen to cause ARKK to outperform over the following years if it's really so terrible?
Well, we can see that ARKK has also made small investments into many different highly speculative stocks which have the legitimate potential for massive growth if they end up getting lucky with regulatory structure and innovation. So most of the growth could end up coming from a few small slices of the pie that end up rising exponentially. We could also just see that more degenerates become willing to speculate on growth stocks once again, which can be ignited simply by the prices rising. Within a week, soft whispers of a "ShoRt SquEeZe" turn into screams from the rooftops about the DD on the ARKK MOASS.
Thanks for playing.
ARKK ETF - Area of Interest- ARKK is returning to test the 50 day moving average and will be on my watchlist for the week to see how it reacts here.
- Currently a double bottom pattern my play out but as the major trend has been down, i will look for a break of neckline and successful retest to attempt a long
- Alternatively rejection at these levels could have price consolidate around this zone or send it back lower.
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
If you would like me to have a look at any chart, direct message and i will post my thoughts, Happy Trading!
Opportunity is opportunity, no matter what..!You can not find anyone who published more short ideas than me about ARKK on this platform!
To be more precise: 40 ideas between January 30, 2021, to April 26, 2022:
But since I look at the market as the opportunity to trade and the only thing that matters to me is being on the right side of the trade, the last two posts were long ideas in a possible accumulation(re-distribution) phase..!
some people think their "fancy name" works, and published Wyckoff analysis about ARKK on February 2nd, 2022, and their post became "Editor's Choice". Back then ARKK was 72 and ARKK tanked more than 50% to 35.10 in the next 100 days!
I published this post to educate those who published that analysis and those who picked on Wyckoff's analysis..!
Educational point:
“Nothing has such power to broaden the mind as the ability to investigate systematically and truly all that comes under thy observation in life.”
Marcus Aurelius
Best,
Dr . Moshkelgosha M.D
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.
Arkk I had aRKK drawn out. In a rising channel or a bear flag where when we broke it around $42 we saw a pretty strong move down, but the buyers did Step in Ripping us back up to potentially retest this to $42 area. If aKK does reject here again. This could be nothing but a backtest of a previous pattern support flipping to resistance for a further drop down. This is something that I’ll be watching closely as if we do start to see a strong rejection in that area, SARK would most likely be doing the opposite flipping a previous resistance into new support. Watch a RKK & SARK which is the inverse for any bullish or bearish looks to decide on trend direction probablity.
noah's arkknoah was instructed to build an ark,
in accordance with market makers instruction:
he took into the ark the most bullish of all specimen.
----
before the bulls had ventured on this journey,
this noah guy looked at them intently;
he said:
"one day this ark will turn 88
that's when a lot of you could dissipate.
do not let greed control your journey,
simply take profit when the time comes -
and go on to live out the rest of your story."
----
buy $33
sell $88
Arkk Inovation ETF at major Support with divergenceHi,
Ark Hits major support. Now its a range play.
Buy around 35-38
Sell zone 50-55 if small range break otherwise high of the smaller range
Divergence on stochastic Rsi on support level.
Everything else on the chart.
In worst case if range break downwards, Exit and enter back if comes back on to same support level.
Just my opinion no financial advise.
Thanks,
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Worth watching this Cross PairWorth watching this Cross Pair, let's see how this hyper-growth vs. broader tech pair holds?
Closed: ARKK July 15th 32/50 Short Strangle... for a 1.32 debit.
Comments: In for 1.54 (See Post Below), out here for 1.32. .22 ($22) winner ahead of the long holiday weekend.
ARKK fund price targetsWith investors moving from growth stocks to the safest dividend paying sector companies, the ARKK fund finds itself in a difficult position.
Once the interest rates go higher and money will be harder to borrow, my price targets from this ETF are $60, respectively $49 by the end of Q2.
Looking forward to read your opinion about it.
ARKK - Markets Mercy On Cathy WoodOK, sometimes it's just too much and your ETF will give you a hint.
In I think she's getting it now...?
#YourETFHelpsYou
ARKK short term gap fill paired with Inverse H&SARKK at multi year support, has gaps to fill to the upside and also inverse head and shoulders on the hourly chart. Cathy gonna get a break for a second :)
ARKK Looking For A Low Of $20 And Let Ms Woods Do Her Thing Title says it all at $19/$20 you may have a chance to invest side by side with one of the greatest investors of all time - Cathy Woods. Not advice
Opened: ARKK July 15th 32/50 Short Strangle... for a 1.54 credit.
Comments: Opened this on Friday, but ran out of time to post ... . High IVR/IV at 73/76. Selling the 16 delta on both sides. 1.54 credit on buying power of 4.05; 38.0% ROC as a function of buying power at max; 19.0% at 50% max.
"Fortune Favors The Brave"Hello friends. Do you remember when that silly head came on and said something about fortune favoring the brave, and how buying the Bitcoin top was super brave? I have a little secret to tell you: Buying tops is not brave. It's cowardly! What is truly brave is buying bottoms. That means you are buying when the rest of the market is selling! Buying when everyone is buying is easy. Buying when everyone is selling takes bravery!
ARKK clearly made a leading diagonal, and it will be likely to pull back to the 0.618. If it falls below the 0.786, we are almost certainly wrong, and the trade will stop out. Look how this trade has a risk to reward of over 10!! It takes a lot of bravery to take such a trade, and yet the rewards for doing so could be monumental.
Thanks for playing.
ARKK 56% off the highsI've been patiently waiting to start re-accumulating this name, since it is 56% off it's all time highs, I don't see why the irrationality in the growth stocks won't continue. I may add some at the current levels but my main buys are in the overshoot and panic that could bring the price down to the levels indicated on the chart. I'm long term bullish on American Tech. Good luck all.
Arkk46.70 came in as huge reistance. It’s clear we have another bearish pattern here at play. 4th tap on upper reistance confirming this strong rising resitance. Support of rising wedge at 44.39 watch for a line break chart to prove that breakdown. Watch SARK as it’s inverse and could be in a bull flag
ARK Innovation ETF USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Closed: ARKK July 15th 34/56 Short Strangle... for a 1.41 debit.
Comments: In for 1.89 (See Post Below), out for 1.41. .48 ($48) profit, 25% of max. Money, take, run ... .
ARKK LongLooks like ARKK found support. Bullish price action. Good R/R for longs here. STOP below red line.
ARKK ARK Innovation: 1D Chart ReviewHello 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. The price is currently in a Descending Parallel Channel with the RSI oversold so there may be a short term upward price movement, however the overall trend is still down. I put in multiple support lines to keep an eye on. If price moves back up, expect the areas I noted as major resistance areas.
Included in the chart: Trend line, Support and Resistance Lines, Volume, RSI, MFI ( Money Flow Index), Descending Parallel Channel.
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! #cryptopickk
$ARKK Could Turn BullishThis is a counter trend trade with the backdrop of high inflation, global supply shortage and more unemployment pressure. Yet ARKK innovation ETF is looking attractive at this level. Cash is still king during this uncertain period so only use a small size to take advantage of deep discounts. I will exit the trade if price drops below $39 but if it doesn't, then ARKK could test $60 level soon.
