$ARKK Bullish Consolidation Up NextARKK is currently in a bullish consolidation pattern, which is expected to continue for about 4-5 days. A breakout from this pattern is likely to occur on November 13th or 14th.
ARKK trade ideas
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Following the trading methodologies of Mark Minervini and Cathy Wood. Our trading strategy combines the best of both world's:
Stock selection is based on Cathy Woods fundamental analysis for high potential technology stocks which are already in a confirmed stage 2 uptrend according to Minervini's trend template criteria.
$ARKK Bearish Parallel Downtrend BreakAMEX:ARKK Technical Analysis: The chart showcases a definitive break from its bearish parallel downtrend. Key resistance is observed at the purple delineation. For bullish sentiment to prevail, it would be essential to witness consolidation patterns such as a bull flag. Conversely, for the bears to maintain dominance, a rejection from the purple line followed by a bearish consolidation pattern, like a bear flag, would be indicative.
Cathie Wood's Trading MethodologyUnderstanding Cathie Wood's Trading Methodology
1. Introduction
In the dynamic world of finance, few have garnered as much attention in recent years as Cathie Wood, the visionary founder and CEO of ARK Investment Management. Underpinning her meteoric rise is a trading methodology that champions disruptive innovation and a futuristic outlook. Let's dive deep into what makes Wood's strategies stand out.
2. Historical Context
Investment, for decades, thrived on the mantra of 'safety first.' Blue-chip stocks, steady dividends, and bonds defined portfolios. However, the digital revolution brought with it companies that didn’t fit the traditional mold. Here, Wood saw an opportunity, challenging traditional norms and adopting an approach anchored in tomorrow rather than yesterday.
3. Disruptive Innovation as the Core
At the heart of ARK's investment strategy lies disruptive innovation. These are technologies or business models that transform industries and often render old methods obsolete. Think about how streaming altered entertainment or how electric vehicles (EVs) are reshaping mobility. In these disruptions, Wood sees not just change but investment opportunities.
4. Research-Driven Approach
While many firms tout the depth of their research, ARK goes a step further. It actively bridges the gap between sectors, combining insights from tech, healthcare, energy, and finance. The firm even collaborates with academia, startups, and online communities, believing that understanding disruption requires diverse perspectives.
5. Active Management and Portfolio Construction
Passive investing, tracking indices, has its merits, but Wood's vision is anything but passive. ARK's active management is about agility. As new research insights emerge or market dynamics shift, ARK's portfolios evolve, ensuring they reflect the most promising opportunities in disruptive sectors.
6. Contrarian Views and High Conviction Bets
Wood has never shied away from making bold claims, be it her bullish price target for Tesla or her belief in Bitcoin's potential. These high conviction bets might seem risky, but for Wood and ARK, they're informed decisions, grounded in research and a genuine belief in a company's or technology's transformative potential.
7. Exit Strategies and Risk Management
Every investment strategy, no matter how bullish, requires an exit plan. ARK's exit strategies, while not always publicized, are undoubtedly rooted in their rigorous research. Changes in a company's fundamentals, regulatory landscapes, or unexpected industry shifts can all trigger an exit. Additionally, risk is actively managed, with diversification strategies and hedging to cushion potential downturns.
8. Transparency and Engagement with the Public
A distinctive hallmark of ARK is its commitment to transparency. Unlike many peers, ARK frequently publishes its research, trades, and theses. This openness invites both praise and scrutiny, fostering a two-way dialogue between ARK and the investor community.
9. Criticisms and Challenges
No strategy is beyond critique. Wood's high conviction bets, while often profitable, expose portfolios to potential volatility. Detractors also argue that her strategies are too growth-focused, potentially overlooking stable, value-driven opportunities. Furthermore, ARK's rapid ascent means it now manages a sizable asset pool, which brings with it challenges of scale and agility.
10. Key Takeaways
Cathie Wood's vision extends beyond current market trends, anchoring firmly in future possibilities.
ARK's interdisciplinary research approach offers a holistic perspective on disruption.
Active portfolio management ensures adaptability in a fluid market landscape.
Transparency, while a double-edged sword, sets ARK apart, fostering trust and facilitating informed discourse.
11. Conclusion
In an era defined by rapid technological evolution, Cathie Wood's forward-looking trading methodology offers a refreshing perspective on investment. While not without its challenges, her approach underscores the importance of adaptability, conviction, and a keen understanding of the interplay between technology and industry. As the line between tech and traditional sectors blurs, methodologies like Wood's are not just relevant but imperative.
ARKK - Even garbage floats in a rising tideCPI next Thu is supposed to come in pretty low. Guessing this is the bottom for Cathie's collection of garbage stocks as the tide come in next week. Garbage rises with the tide, because most garbage is plastic, lol. (Cathie's garbage is oversold, look at the indicators.)
ARKK ARK Innovation ETFI'm sorry but nothing excites me about this chart. Buy sell volume is obvious too.
Cathy Woods ARKK ETF: Technical Analysis & AdviceDetailed Technical Analysis:
Price Action:
Support & Resistance: After its peak in early 2023, ARKK found support near the 37.50 USD range. This could serve as a significant support level. On the resistance side, the 42.50 USD level, which was previously support in mid-2023, may now act as a resistance.
Trend: Currently, the trend is bearish, indicated by consistent lower highs and lower lows.
Moving Averages:
The fact that the stock is trading below its 50, 150, and 200-day moving averages solidifies the bearish sentiment in both short and longer time frames. A bullish sign would be if the stock can break and hold above these averages.
Bollinger Bands:
The ETF is trading near the lower Bollinger Band. This proximity usually suggests an oversold condition, and there could be a potential bounce back to the middle band (which is also the 20-day MA).
Fibonacci Levels:
The stock seems to be hovering near the 0.618 Fibonacci retracement level. This is known as the 'golden ratio' and is often watched by traders for potential reversals. If the ETF cannot hold this level, the next key Fibonacci level would be the 0.786.
RSI (Relative Strength Index):
The RSI near 35 suggests that the ETF is close to the oversold territory. If it dips below 30 and then starts to rise, this could be a bullish divergence signal, hinting at a potential reversal.
MACD:
The MACD line being below the signal line and both being in negative territory is bearish. However, if the MACD starts to curve upwards and crosses above the signal line, it would be a bullish crossover, indicating potential upward momentum.
Stochastic Oscillator:
Currently nearing the oversold region, a bullish sign would be if the %K line crosses above the %D line within or above the oversold territory.
Volume:
While the stock has been declining, the volume doesn't show a significant increase. This could mean that there isn't a massive selling pressure, and the decline might be more due to a lack of buyers than an influx of sellers.
Trading Advice:
Considering the current bearish sentiment but the proximity to potential oversold conditions, here's a suggested approach:
For Bullish Traders: Wait for confirmation signals like the RSI moving back above 30, a MACD bullish crossover, or the stock bouncing off the 0.618 Fibonacci level. If these occur, consider entering a long position with a stop-loss below the recent lows.
For Bearish Traders: If the ETF breaks below the 0.618 Fibonacci level and shows increased selling volume, there might be further downside. Consider entering a short position with a stop-loss above the recent highs or the nearest resistance.
For Neutral Traders: If unsure, it might be best to wait on the sidelines until a clearer trend emerges.
Remember, while technical analysis can provide insights and potential strategies, there's always inherent risk in trading. It's crucial to combine this with fundamental analysis, keep updated with relevant news, and only invest what you're willing to lose.
Arkk Bottom Today or next week, think it could be very closeI'm getting the same vibes Gold did when it had a fake breakdown which is now very bullish. Everyone on the timeline is making fun of Cathy and saying how bad Arkk is, it's all over the place. Think this lines up with the charts. $29 ish should be an amazing confluence for a major bottom. I think we will get a fake breakdown of the March 2020 lows which will be very bullish.
bearish bat pattern $53.50 target needs to close above .382 fiblooking at ARKK I see a bearish bat pattern forming to $53.50, the 1.618 fib level is at 69 near a gap fill which is another supply zone.. If the market continues upward, I anticipate ARKK to fill the gap and supply zone. Price action needs to close above the .382 fib level... I will update accordingly
Cathie's sinking ship, ARKKI keep saying Cathie's a moron, for some reason people keep interviewing her, lol.
Anyways daily RSI hit oversold, but the major holdings like TSLA, ROKU, COIN, and ZM haven't so this has a lot more room to go down. Plus she's got such a huge chunk of garbage companies like PD that she doesn't have an exit plan.
She actually thinks TSLA is headed to $2k, lol. TSLA would need 100% market share of the entire world auto market to achieve that.
This ETF is showing the same exact chart pattern as last year since June. Dump it.
$ARKK is reversing higherAMEX:ARKK now needs a break above 45 for an extension higher after the long-term falling trend line break. Invalidation of the upside extension can only come if we see a break below 40
ARKK looking like a botommI might be late, but not too late.
ARKK has been flirting with the PoC from the top and forming some kind of complex inverse head and shoulders.
Innovation and growth have taken a hit in a big way over the last year and a half, but this is looking like an opp. to bid on innovative growth returning at some point.
I'm skeptical of Cathie's leadership in this etf, but the chart setup looks appealing.
Oh Cathy, My CathyI miss Robin Williams' brilliance.
200-500 daily so long as Cathy can hold above 39. Targets as marked. Stop say trailing 2.00.
ARK Innovation Support Area to Watch for BounceHi Guys! This is a Technical Analysis on ARK Innovations ETF (ARKK) on the 1 Week Timeframe.
Jumping right in:
Our current Price action is currently bouncing off a Confluence of SUPPORT Test
We tested this Confluence of Support area the prior 2 weeks.
The Confluence involves:
1. 50 SMA
2. Support Line of the Uptrend Channel
This would make an area to go LONG.
We are currently in the process of testing RESISTANCE from 21 EMA
Since this is one the 1 Week timeframe, we need to observe how this weeks candle interacts with the 21 EMA.
If we can close ABOVE, at the end of the week. That would be a good sign.
NOTE: If we can confirm SUPPORT on 21 EMA, this is a bullish sign. Since UPTRENDS are associated with being ABOVE the 21 EMA
It would hint at or strengthen the probability we move towards the Horizontal "Resistance Line" Above in Red.
This would also be an area to TAKE PROFIT.
BUT my main focus for ARKK would be to BREAK Above and CONFIRM Support over the MAJOR Resistance Line in Orange.
Once we do that, we have CHANGED our MAJOR TREND.
Though we have a long ways to go, keep in mind that when this happens, itll be a CRUCIAL AREA to watch.
Since we havent had 3 touch points, we could be rejected which could make it a short play also.
Now since i believe we must always be prepared. Lets look at the downside, if we can't maintain this current SUPPORT area.
My first downside target would be the line titled "Support Line#1
My 2nd downside target would be the line titled "Support Line#2
To find more evidence of whats to come, i look at the current indicators placed.
STOCH RSI, is currently BELOW the 20 level. A BULLISH CROSS, where Blue line is above Orange ABOVE the 20 elvel, would indicate Bullish momentum coming in. This would help push prices towards Resistance Line.
Notice also RSI, particularly the Black line. We were for a short time, below this line but currently attempting to move back ABOVE. If we can maintain SUPPORT on this, our trend would be intacted. Which would support UPTREND.
Finally the MACD, we need to watch this one closely. We have crossed BEARISH. We need to see a Bullish Cross and maintain staying ABOVE the 0 level. If we do this, i can eventually see ARKK move towards the "MAJOR Resistance line".
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on ARKK in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
ARK - Cathie Wood flagship ETF rising again LONGARKK double topped about July 19 and July 31st then downtrend until Fri Aug 18th,
On this past trading day, the technology market moved higher lead by TSLA and NVDA.
ARK reversed and started the retracement of the trend down. I see ARK targeting
45 in the mid Fibonacci levels and potentially beyond that to 47.8 being the base level
of the double top. The stop loss is the pivot low on Friday as ARKK awaits a momentum
boosting cross over the mean anchored VWAP. The two TF RS indicator shows the lower TF in
green well over the 50 levels with the high TF black line lagging.
The ZL MACD shows more confirmation. ARKK looks good to enter now. I will zoom from the 2H
to the 30 minutes to find an optimal entry. I may take a large stock position and supplement it
with a single put option for insurance against downside potential. I seek a 12-14 ROI on the
stock trade and some multiples of that on a 2 to 3 week put option.
ARKK bounce may be coming. Follow up to:
It seems like so long ago, but in 2021 if you posted short analysis on things like BTC and PLTR people would legitimately mock you saying, "You must think you know better than Cathie Wood (And her team of analysts). In retrospect, they were not all that tough to beat.
But I think maybe the "Pain is in the price" now, as they say. I'm willing to take a pop long at this.
ARKK: Possible rebound between 45-46.5, Target=49.5ARKK is likely to rebound if stock's price holds above 45 mark. If price reaches 44, it might be an indication of more bearishness.
KEY LEVEL=45
TARGET=49.5
Possible bearish signal=44
The nearest target is $52.If we hold the level of 33, a short-term growth of $ 52 is possible. If we go higher, we can reach $70. Perhaps we are working out the Wyckoff method.
From Tulip Mania to Social media Mania..!Bubble investors often believe the hype and hot stories about future growth but ignore the valuation of the assets and ultimately overestimate their expected returns. Asset valuations and not hype determine investment returns regardless of economic development.
For example, there were many stories during the Technology Bubble regarding new technologies changing the economy. Many of those stories came true during the decade after the bubble, but the Technology sector was the worst performing S&P 500® sector
and provided negative absolute returns during the decade.
A bubble in financial markets is a period of rapid price increases in an asset, such as stocks, bonds, or real estate, that is not justified by the asset's underlying fundamentals. Bubbles typically go through five stages:
Displacement: This is the stage where investors become enamored with a new paradigm, such as an innovative new technology or interest rates that are historically low. This leads to a surge in demand for the asset, which drives up prices.
Boom: Prices rise rapidly in this stage, as more and more investors pile into the market, hoping to make a quick profit. This is often accompanied by a frenzy of speculation, as investors buy assets without even considering the underlying fundamentals.
Euphoria: In this stage, caution is thrown to the wind, as asset prices skyrocket. Investors are convinced that the bubble will never burst, and they are willing to pay any price for the asset.
Profit-taking: As the bubble nears its peak, some investors start to take profits. This selling pressure can lead to a slowdown in the rate of price appreciation, or even a small decline in prices.
Panic: This is the stage where the bubble bursts. Prices plummet as investors rush to sell the asset. This can lead to a severe market crash, with widespread losses for investors.
The stages of a bubble are not always clear-cut, and they can vary depending on the specific asset and the market conditions. However, understanding the five stages can help investors identify bubbles early on and avoid getting caught up in the frenzy.
Here are some of the warning signs that a bubble may be forming:
Prices are rising rapidly, far outpacing the underlying fundamentals of the asset.
There is a lot of media attention and hype surrounding the asset.
New investors are entering the market, even though they have little or no experience with the asset.
Borrowing to invest in the asset becomes common.
There is a widespread belief that the bubble will never burst.
If you see any of these warning signs, it is important to be cautious and avoid investing in the asset. Bubbles can be very destructive, and they can lead to significant losses for investors.
Palantir and Arkk Comparison 57% ProfitPalantir SPLTR & SARKK Comparison
These charts are so similar. Arkk looks like it is about to repeat Palantir's 57% move
- RSI positive divergence
- Head and Shoulder reversal bottom
- Price above 200 day MA & the POC
AMEX:ARKK appears ready to break away from the H & S.
Your stop should be placed just under the H & S baseline.
Are you in?
Long ARKK Monthly MACD crossing, About to be a green. Everyone hating on Cathy. This going to explode. Been DCAing but adding here.
$ARKK - The Growth Story will PUSH higherAMEX:ARKK moved nearly 8% higher since I shifted my focus towards small-cap potential in my initial post. Price is currently testing supply and approaching my target of $45. In anticipation of a potential market pullback next week, I may consider trimming my position. However, I'll continue to monitor the market closely and keep an eye on the gap fill above $46.41.
