$ARKK Bull FlagAMEX:ARKK Bull flag daily chart, weekly chart looks bullish too!!!Longby AlgoTradeAlertPublished 2
$ARKK Nice gap up off support AMEX:ARKK Has a really Nice gap up off support triple bottom by AlgoTradeAlertPublished 1
ARK ETF repeating Dow's Great Depression?The ARK Innovation ETF (ARKK) ever since (even before) its Peak on February 16 2021, has been printing a pattern similar to the one that Dow Jones (DJI) formed during the 1920s/30s Great Depression. Right now it appears to have rebounded on Leg (f), which is the market bottom, and is pulling back to form Leg (h). According to Dow's blueprint, ARK should rebound aggressively above the 0.382 Fibonacci retracement level to Leg (i). Do you think the worst is over for the tech driven ETF? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 2215
The Week Ahead: ARKK, KRE, GDXJ; CFLT, COIN, DASH EarningsWith broad market implied volatility having crushed out mightily over the past couple of weeks, I'm left scrounging around in the exchange-traded fund and/or (ugh) single name space for premium. There aren't a lot of underlyings with ideal IVR/IV metrics to play, but there are a few things that still have decent IV in them, even if it isn't toward the top of its 52-week range. There isn't anything in the exchange-traded fund space as of Friday close with an IVR >50%, but there are a few with 30-day IV >35% (which is the combination of metrics I like to see). Here there are, ranked by 30-day with stuff <$20/share weekend weeded out: ARKK 41 KRE 41 KWEB 39 GDXJ 37 USO 36 XOP 35 Pictured here is a fairly plain Jane delta neutral short strangle in ARKK in the June expiry with the short legs camped out around the 16 delta, paying 1.00 at the mid price with break evens at 30 and 43. The KRE June 16th 37/48 short strangle (16 delta) is paying around 1.25. The KWEB June 16th 28 short straddle is paying around 1.95. (Going 16 delta short strangle didn't end up paying much; the 26/30.5 was paying .55). The GDXJ June 16th 35/46 short strangle (17 delta) is paying 1.04 at the mid. The USO June 16th 60.76 short strangle (17 delta) is paying 1.65 at the mid. The XOP June 16th 112/143 short strangle (17 delta) is paying 3.04 at the mid. Broad Market Ugh. Why even go here ... . Broad market exchange-traded funds, ranked by 30-day IV: IWM 21.3% QQQ 20.6% EFA 16.2% SPY 16.1% DIA 14.3% Bond Funds My only observation here is to note that TLT premium is better than SPY's (as is EMB's). EMB 20.9% TLT 17.0% HYG 9.5% AGG 7.4% And, of course, there are earnings ... . I've screened and ranked these by >50% 30-day IV, as well as for options liquidity and thrown out underlyings that are trading at <$20/share: COIN 111.2 (Thursday after market close) W 107 RUN 92.9 CFLT 80.9 (Wednesday after market close) PPL 73.4 (Thursday before market open) FOUR 72.0 DASH 70.2 (Thursday after market close) The drawbacks to W, RUN, and FOUR involve strike to strike granularity, which is why I haven't bothered to look up their announcement days and times. W and RUN have 1 1/2 wides; FOUR, has 5-wides. Not having 1-wides can not only make setting up delta neutral a pain; it can making rolling out a pain if you have to do that to manage the trade, so I generally avoid underlyings with weak strike granularity for earnings plays that are generally just made to take advantage of the ensuing volatility contraction. I would consequently lean toward plays in COIN, CFLT, PPL, and DASH for volatility contraction plays, looking to get into CFLT, Wednesday before market close (since it announces Wednesday after market close). PPL, Wednesday before market close (since it announces Thursday before market open). COIN, Thursday, before market close. DASH, Thursday, before market close. Preliminary Setups: CFLT May 19th 22.5 Short Straddle, 3.60 credit, 18.90/26.10 break evens PPL: May 19th 29 Short Straddle, 1.03 credit. (Well, that's ... weak sauce. It's possible that the platform is misreporting 30-day, so this will have to be checked during the NY session). COIN: May 19th 45/67 Short Strangle, 3.29 credit. (A smidge pesky, since I'd want to set up my put side tent somewhere between the 45 and the 40 strike, where there aren't any strikes at the moment.) DASH: May 19th 52/73 Short Strangle, 1.95 credit. by NaughtyPinesPublished 225
TSLA to Finish Off ARKK?Poor TSLA earnings looks like it could drag ARKK back down to lows. Interestingly the this ARKK crash is almost 1:1 with the NASDAQ dot com crash. Lets see if it stays with that pattern.Shortby Pyrat82Published 1
$ARKK Continues Wedging and ConsolidatingOn March 30, 2023, I posted (link below) my thoughts on AMEX:ARKK being a barometer for risk-on / risk-off in this market. I still hold the same view. I’ve updated this chart and it has simply continued to consolidate into a narrower range. I expect a resolution to either the upside or a breakdown. All TBD. The constructive things I see are the consolidation in a small price range AND a big decline in volume indicating to me that there is considerable indecision on other traders’ parts. While I tend to lean bullish on this name, it could breakdown as well. I have alerts at both upper and lower trendlines and may trade it accordingly. Thanks for looking. Ideas, not investing / trading advice. by jaxdogUpdated 2
LONK on ARKKLONK on ARKK. Cathie Wood, She proves that she has the ability to choose her stocks correctlyLongby aviphPublished 2
I believe ARKK has long term potential!Has ARKK bottomed out? The MACD is in a positive divergence suggesting the market is compressed. Has the market priced in the lows for risky assets? I believe this could be a good opportunity for a long term position, especially when the FED eventually decides to start easing rate hikes.Longby JaredBooysenPublished 2
Thoughts on Arkk which corresponds perfectly w TSLA I recently posted a Tesla chart using gann and ew and this arkk chart perfectly corresponds with it. Longby popop2178Published 1
Two ETFs showing a buy signal to hold for long termARKK and TQQQ are showing us clear buy signals with a lot of room upwards in my optimistic opinion. This is only my opinion , do your own analysis and research before investing Long10:11by MoemenAwadallaUpdated 1
ARKK approaching a breakout: up or down?Cathy Wood's famous ARKK ETF of disrrupting technologies, after falling from $160 to $29, started to rebound and has come to a crossroad. The triangle formation is ahead and we'll see how it'll go from here. Best regards.by rokcuPublished 110
$ARKK Wedging$ARKK seems to be a barometer for risk-on risk-off in this market. A month ago, I was looking at the re-test of the 30 Week MA (white line) then the break back above the flat line of resistance to be a long signal. (I took the trade long only to be stopped out 3 days later.) That turned out to be a false breakout. We are now in a downward consolidation pattern that could break either way. I have alerts set at both sloping trendlines and I’ll look at taking a trade either long or short depending on the direction of the break. If going short, I’ll likely use $SARK an inverse ETF for the ARKK fund. I will also be looking for other longs or shorts in the market once ARKK breaks either way. Ideas, not investing / trading advice. by jaxdogUpdated 0
Bias more on upside for ARKK28th Jan 2023 1st April 2023 - View Remain. Bias upside Support: 30 Resistance: 49 (short term) Resistance: 63 (Mid Term) Longby probabilitytaPublished 0
3/31 ARKK breakout and possible correction firstARKK broke out the wedge, sitting just above 200dma and 50dma. MACD coiled. Possible correction before more upsides, especially after TSLA delivery number comes out this weekend. Upside price target 1) 43.76 Feb 16 high 2) 45.46 Feb 2 high =SPX 4200 Downside level 1) The trend line and March 28 Low 2) Red support zone by Fluxus_ZPublished 2
ARKK may be set to make a bull break. Update to this idea - And this idea s3.tradingview.com This may be starting to carve out its low now. Stops can all be tight. We should be holding lower highs on big charts if the turn is in. Longby holeyprofitPublished 4
ARKK - Sinking ship alertCathie sure did outdo herself Friday, she bought more COIN instead of dumping it. How does a fund manager NOT know what a Wells notice is? The big issue with this ETF is that she seems to be consolidating into her top 10 holdings instead of diversifying. She's not even looking into new stocks, just buying more ROKU and COIN, lol. News: finance.yahoo.com Trades: cathiesark.com Holdings: file:///C:/Users/hiroki.hirata/Downloads/ARK_INNOVATION_ETF_ARKK_HOLDINGS%20(3).pdf I have no position in ARKK (a few COIN puts though), I just think she's dumb AF, Stay away from this ETF. Posting only because I saw she bought COIN Friday, lol. COIN will be a drag on this ETF until they go bankrupt. NOBODY wins against the SEC.by hungry_hippoPublished 665
ARKK: Possible rebound around support zone [34 - 35]ARKK stock's price is likely to rebound if it reaches a support zone between 34 and 35. Upside potential is the area between 41 and 44. Support zone = 34 - 35 Downside Risk = 31.5 Upside potential = 41 - 44Longby Quantific-SolutionsPublished 1
Cathie's woodShort term we saw a rough shaft descent as the Fed's interest rates caused high PE innovative companies to plummet. However we are now in a consolidating phase (right testicle consolidation) and companies such as Tesla doubled in value YTD. In other words, Cathie's Wood will be trending up long term due to high interest in tech innovation. We expect investors to realize that innovation will outperform traditional industries (ex: AAPL, TSLA, MSFT, GOOG, etc). The ARKK fund is composed mostly of mid-cap stocks so there is a lot of upside potential before they become large caps.Longby Monsieur_LumbergPublished 3
$ARKK long setup | $71.20 target$ARKK looks really good here. 3d rsi eq retest with a wave 2 box hit. expecting waves 3, 4, and 5. tarageting $71.20Longby drcrypto14Published 0
ARKK - Falling Trend [MIDTERM]- ARKK has broken through the ceiling of a falling trend channel in the medium long term. - This indicates a slower falling rate initially, or the start of a more horizontal development. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 46, ideally with an increase in volume, signals a further rise. - ARKK is between support at 37 and resistance at dollar 44. - A definitive break through of one of these levels predicts the new direction. - ARKK is overall assessed as technically slightly negative for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️Longby wavepoint99Published 0
Look at this WSBThis is just for the MEMEs I have no idea about what will happen.by IngebrigtPublished 0
ARK Innovation Monthly Log ChartI have ZERO interest in anything #tech #speculative or #growth. Lots of damage requires lots of healing. The chart below for $arkk is LOG scale and you can still see the massive bubble burst. Truly insane. That was the end of the mania.Shortby BadchartsPublished 116
ARKK bullishARKK seems to have started wave 3 to reach ATH and above Expected to reach 37 before the bullrun startsLongby jespergarmPublished 222