$ARKK Bounces in Wild FOMO Scramble off Big Technical Signal$ARKK has been the soul of the bull market over the past 6 months. It has been crushed in recent weeks, but just hit key level support in step with an RSI bull signal last seen at its pandemic crash March 2020 lows.by GregFolin1
Is $106 the Bottom for ARKK?1. Strong downward bear trend across the board due to rising treasury yields. 2. ARKK is tech heavy. 3. ARKK has weeklies with high IV. 4. Treasury Bond Auction tomorrow at 1PM EST. 5. Strong rebound off $106, $106 being the bottom of a long bullish trendline since July. 6. $122-$124 may be short term bearish resistance. 7. All the short term indicators say that it's overbought, meaning it can sell off more. 8. The daily RSI and Stochastics are extremely oversold, pointing to buying the dip. 9. Support levels have been breaking everywhere, last support level for ARKK was $125. by amfunk0
ARKK, TIME TO BUY?Hello fellow traders and investors, here's another trade idea. ARKK has recently pulled back to the trendline. If ARKK makes a full recovery it offers a 30% ROI. Technicals: The Macd indicates that ARKK is oversold The Macd indicates that ARKK is still in a downtrend The Ema's indicate that ARKK is still in a downtrend When To Buy: When EMA's crossover When the Macd indicates a reversal by crossing its EMA When To Sell: I recommend selling at its previous high which offers a 30% ROI. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like and follow, Thanks.Longby UnknownUnicorn110841192
arkki got shaken out of arkk yesterday, but i'm going to buy in at the yellow wave 2 for a strong momentum play ~Longby notoriousbids112
Quite the comeback..(CNBC) On Monday, the Nasdaq shed 2.4% to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocksโ lofty valuations. Updating the rest laterby stocktradez61
Your ARK has arrivedIf you're a believer in Cathie Wood's ARK 5 year vision, your time has come. ARKK has fallen to $109, a price seen 6 months ago in Oct 2020. Red circles on RSI(14) chart show how rare these events are.Longby TraderJoeNY112
ARKK Time To Put This On Your RadarAs we watch this name collapse keep it on your future long list looking for more downside from here Not adviceby NewYork888779
ARKK i think ark has founf bottom for now, it could retest before moving higher, should support break we could see as low second line. good luckLongby Todopoderoso554
ARKK: four scenarios from hereARKK is selling off harder than the market this week. It's being attributed to liquidity issues and fund outflows. But technically speaking, the issue is that the ETF is simply correcting back into longer-term channels. Where to go from here? In the past few years, ARKK has rallied well when the RSI(7) exits oversold conditions the second time in a row. And it has seen bounces off levels on the first instance of being oversold on the RSI(7). RSI(7) is presently oversold. Look for a bounce in the next few sessions, and then a retrace. Plan to get aggressively long same session to a few sessions after that occurrence, when it will exit oversold conditions for the second time.by decaroUpdated 223
$ARKK Oversold buy...duhCHART Long wick hammer on support Held 61.8% Fib RSI oversold Highest Vol since base +286% Longby StockMaster_Flex112
ARKK to 300 (Cathie woods is bae๐)finishing wave 4 here, going to go for the final 5th Longby notoriousbidsUpdated 14149
Three Black Crows sit on ARK Invest shouldersAfter -26% loss in less than 3 weeks, Iโm pretty much sure this will continue another 15-20% in the next 1-3 months! We should wait and see if her portfolio manager could keep his sit at Ark invest! When you underestimate the power of a scared little investors, this will happen! It takes years to build a trust, but it takes seconds to lost it once and forever! ARK invest had benefited the most from social media ands its power to seduce people invest in overvalued stocks in the last few years. While many people thinks ARK is progressive investing firm, I believe they do nothing but massive scale PUMPS & DUMPS using the power or of social media..! You donโt believe me, check ARK watcher and see how they emptied their so called disruptive medical and technical companies! For instance,They sold all their Crisper stocks a few months after its founders received NOBEL PRIZE. But you know what, they pumped it from 12 to +200 in a couple of months..! History will be the best judge..!Shortby MoshkelgoshaUpdated 141413
Bearish and Bullish movements of ARKKWhat is ARKK? ARKK is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund's investment theme of disruptive innovation. Who Runs it? Catherine D. Wood (born c. 1955) is the founder, CEO, and CIO of ARK Investment Management LLC (Ark Invest), an investment management firm that managed the largest actively-managed exchange-traded fund in 2020. Wood was named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler. What about the performances? On this chart, you can see that the overall return of ARKK is outstanding since inception reached a peak of almost 700% in 5 years. The idea of this post is to understand how impulses and corrections happen and the % we can see on each of them. Since its inception, ARKK has had 3 impulses and 3 corrections. We will consider a correction as a 30% drawdown or higher. Why is this relevant? Because if we are interested in a good situation for buying ARKK, we should ask the question about selling periods and subsequent impulses. Currently, ARKK is dropping 27%, and the next support zone is at 89.77. If the price reaches that level (that would mean that the market corrects (all of it)), we would be on a 44% Drawdown. From there, we would start thinking about how we can create bullish setups if the conditions are appropriate, and we would never buy a falling knife directly. We want to observe reversal signs before that. Thanks for reading! by ThinkingAntsOk225
ARKK is about to gap the f*** downSPECULATION - based on the measured move of the head and shoulder. These things often do not play out BUT if it does that would be something wouldn't it? Shortby sparrow_hawk_7371
Cathie's ETF may be a lot cheaper in 1-2 monthShorting AKK is no option for me, since it is too much risk for a possible rebounce after the stimulus packages may received mid of march. But we may see AKK cheaper in this month, which may then be a trade opportunity. It also shows, that tech may looking forward some weaker times, where we may can get a lot of stocks cheaper than now. So I am only Neutral and not Short on this stock right now.by smoki990
๐๐ฅ๐ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ: $ARKK Daily. C WaveLooks like a flush scenario to 200dma is increasingly likely. Below last week's low where Cathie stepped in $TSLA $SQ $ROKU $TDOC $BIDU $SPOT $Z $SHOP $QQQ $SPY #ElliottWave #Stocks ๐Shortby KobesyTrades441
ARKK Bearish H&S Pattern Target 105$, with confirmation on break of neck. Also, Bearish Divergence on Daily RSI.by Sarabjit7710
ARKK Annotated chartLoads of danger on the ARKK ETF IMO, previous support is turning into a resistance & there's not a lot of volume belowby TheMarketDog21
#USetf #ARKK #ArkInvestment 4Hour CHART UPDATE! Waiting Entry!DAILY CHART: Here's TA on #ArkInnovationFund, especially for those who were caught in the -14% drawdown over the past 1 week. Cathie Wood is not god, #Arkk is also impacted by technology sector pullback over the past week. Looking for further possible downside to (124 - 128). Will price hold above (200EMA - 4hour Chart) and (100EMA - Daily Chart)?, and make a strong rebound? As always, wait for confirmation in trend reversal before you consider entry! ๐ . This post is just a personal opinion. Always do your own research, risk analysis, and due diligence before executing any plans. ๐ #personalopinion #technicalanalysis #markettrendsby PeterSinGuili339