ARK 8Hr chartArk is testing its support level, I'd say there's going to be accumulation starting through the winter. watch for the finishing of the Wycoff patternby The_Marketsurfer0
Ark Innovation ETF Analysis 10.12.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!03:57by basictradingtv4421
ARK ETFwill see $77? Let's see what will happen In my point of view, it van happen if u know classic price action. so let's buy in 2 step first one $88~90 second one : $74~77by aminmarvastui1
Money where your mouth is... ARKKI admire folks that are willing to put their trading out there for comment and criticism. It takes a lot of emotional control to trade in isolation much less when under public scrutiny. Cathie Wood was the idol of the trading world last year and widely followed for her style of exciting and parabolic investing as well as her public charisma and confidence. There was one interview in particular (I wish I could find it now but she has done many) where she acknowledged that within her trading history she has had cycles of incredible returns invariably followed by large drawdowns. She gave this interview right around the peak of her funds' performance last year. Real recognize real. That she would openly acknowledge and admit that she had self identified this pattern of her trading spoke to my own journey and likely that of all serious traders. She had acute self awareness and in some way, in that interview and comment, was warning people to be cautious with her strategy at that current moment. Now as her funds decline other traders are trying to make a name for themselves off her fall. One of which that has come to my attention is Puru Saxena. He is vocally short her funds and very bearish. That is fine for them to have a battle; no need for me to get involved. Cathie has her strategy focused on long term growth. Puru bases his strategy on macro. Neither are my game. But now it gets interesting for me as a Technical Trader. At the same time Puru is adding to his short AMEX:ARKK is sitting right at a 50% Retracement of the major trend. Over the last few days price spiked below this level only to recover quickly above it. These are my strategy. So now I get to step into this battle by putting my own capital on the line. It's a low risk/high reward trade. Not for the money but for the validation of Technical Analysis versus macro.Longby norokUpdated 6623
ARKKARKK showing some strength but it is hitting the resistance. If it starts to consolidate at this level it could potentially start heading higher. But ARKK is still in a down trend.Shortby pravenmoorthy0
ARK Innovation ETF - ARKK - Respect Cathie Wood's gansta! ARK Innovation ETF - ARKK - You have to respect Cathie Wood's gansta. Her fund may be pulling back but it out performed the Dow and QQQ by 3X before the end of February of this year. Edutainment Purposes Only!Longby PortfolioBuildersClub113
ArkkSuper buy zone was hit 90& area was monthly and weekly support. If we lost it the sat level is 83$ I feel confident 90$ range will bottom this downtrend. by Erictaylor1
I will avoid trading below this trendline | ARKKToday, we will look at ARKK, one of my favorite assets to trade. What can we see right now? The price made a new local low last week, which took us to a 42% decline since the previous ATH on February 2021. As you can see, this scenario already happened in the past, and ALL the time, we saw new ATH coming after that. That's why it's important to define what I will be expecting before taking new bullish setups on Cathie Wood's ETF. The main element I want to pay attention to is the current descending trendline. Below that level, I will assume that I'm not in a solid situation to develop setups. Therefore, I want to see a breakout of it FIRST. Most of the time, getting great opportunities is a matter of patience, and the most important thing is that we can't force the market to provide us with an opportunity; we can only wait. And, at the moment, the price is on a clear bearish trend, far from our filter. So, this post is more about "what I will not do" rather than what I'm expecting. So, my conclusion here is: Until I don't see a breakout of that descending trendline, I will not risk my capital, and I will keep waiting. Let's see how much time we should wait for that to happen. Maybe a couple of months. Thanks for reading, and feel free to add your view or charts in the comments. by ThinkingAntsOk1113
ARKK Reloading on MonthlyHard to say where the price will end, however we are very close to seeing the monthly macd crossover. IMO this is healthy and im overall bullish for this to reload for another run higher in 2022+by Pyrat82Updated 112
ARKK - Third Bear FlagInnovation Growth, BTC, and the 10 year note are under consolidation pressures as the bond briefly dropped below 1.35.by Pennywick222
Rolled: ARKK December 17th 104C/106P to January 21st 100C/105P... short strangle for a 4.16 credit. Comments: Late post. Rolled this on Friday with 14 days to go, improving the inversion by one strike on the put side, but widening it to sell the short call strike that was about half the delta of the short put. Total credits collected: 10.22. This started out as a high probability of profit, delta neutral December 17th 106/135 short strangle (See Post Below), after which ARKK proceeded to implode, resulting in defensive short call rolls from the 135 to the 114 strike (See Post Below), and then the 114 to the 104 strike (See Post Below). The end result is an inverted, 5-wide short strangle, with the short put above the short call and break evens on the down side of the short put strike minus total credits collected or 105.00 - 10.22 = 94.78 and on the call side of the short call strike (100.00) plus the total credits received of 10.22 or 110.22 and delta/theta of 29.71/13.08. The underlying finished Friday's session at 93.53 relative to a downside break even of 94.78, so I'm not in horrible shape relative to if I had just sat there and watched in horror as the short call converged on worthless and the short put value exploded. Ideally, I get a bounce back to the mid point of the inversion (to around 102.50), but I'll continue to look to manage sides to keep the setup from getting too directional.by NaughtyPines2
$ARKK puke not much different vs $QNET $PNQI - $NDX $QQQSeems all forget the growth puke FEB-MARCH, this is no worse. Prefer $QNET Nasdaq Internet as barometer for Tech /growth as around way before $ARKK /components very different.by YPT20201
Raiders of the Lost ARKKThis one was too PUNNY to pass up. WOODS days of searching for lost treasuries is almost at an end. Next Stop.. The bottom of the Ocean.Shortby SPYvsGME113
$ARKK - Hindsight 20/20I should have noticed the double top at the first fib retracement. There is some support between the next fibs.. but on lower volume. Hold on tight...by WhiteCollarDad1
A buy opportunity on Katie.Price approaching wave 4 natural correction zone, between 38% and 50% of the previous wave 3. Longby rico_fede112
Rolled: ARKK December 17th 114 Short Call to 104... for a 1.75 credit. Comments: Going inverted here with my ARKK short strangle to cut net delta, with the setup now being a 106P/104C two-wide inverted short strangle that's net 35 delta long or so. It's only got 15 days until expiry, so will probably look at rolling next week unless it pops back up above its downside break even which is the short put strike (106) minus total credits collected (6.01) or 99.99.by NaughtyPines2
ARKK Ark Innovation ETF: Short TermHello friends, today I am completing a technical analysis on the 1D linear scale chart for Ark Innovation ETF ( ARKK ) led by Cathie Wood. #CryptoPickk notes the following: 1) Ark Innovation has had a great run from 2020 into early 2021 when the ETF made an all time high. Since that point, it has been correcting. 2) Since the all the high, the price has been ranging within a multi-month triangle pattern, which it recently broke down from. 3) Since this was a Symmetrical Triangle, measurement from the top to the bottom of the triangle shown in the yellow line was taken to estimate a measured move. 4) The pattern breakdown, shows a target price around the $75-85 range before the next possible pattern may begin. 5) This also falls in line with the Fibonacci Retracement level of 0.382 which is around $81. 6) Since the RSI (relative strength index) is heavily oversold at this point, the price may have a relief rally or a dead cat bounce before moving lower to the target price. Usually the dead cat bounce occurs around the 0.786 Fib level shown in the cyan color Fibonacci Retracement. 7) The Volume is strong so expect volatility. 8) Short term for ARKK is not looking great, but neither is the entire stock market so let's see where this one is headed. What are your opinions on this? 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! #cryptopickkby MillionaireEconomics666
ARKK Testing the Lower Bound of Twin Bear-Flag 2 in 3DBitcoin is in EQ with resistance at the 8h 8EMA/MBB combo. The 10-Year has settled at 1.46. Nasdaq with resistance at the 4h 8EMA. ARKK testing the lower bound of the bear-flag, with the Russell recovering its 2h MBB. by Pennywick0
ARKK - Which pattern is it??Bull pennant, bear flag, or widening triangle? Leave idea in commentsby thatinvestorlife0
ARKK - Twin Bear-Flag Extension in 3DAfter a quick bounce it was back to the consolidation for ARKKby Pennywick0
A comparison between S&P500 Nasdaq 100 and ARKK..!The CEO of ark Invest repeatedly talked about the possibility of a crash in Index funds while denying Her Managed ETF is one of the worst performers in the market since February 2021! In February I publish this: Please review her performance in 2008, to know more about her performance in a possible Bearish market! Orange line: S&P500 Blueline: NASDAQ100 Best, Moshkelgosha 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. Shortby Moshkelgosha116
ARKK Bear Flag ConfirmedThe pattern illuminated the way, with a break of the lower bound to new lows. S&P500 rejected the 2h MBB as growth led a market-wide consolidation. by Pennywick0
ARKK - Bear Flag Lower Bound Break and RecoveryThe Bear Flag choppiness continues for this basket of innovation growth stocks. Price is in the middle of a Daily Bear Flag range and it is likely prudent to let this play out a bit more. by Pennywick0