ARKK UpdateCathie's garbage fund is still in a slow channel up. Gonna short next time it hits the top of this channel as a short term trade (1 or 2 days). Pure garbage.by hungry_hippoUpdated 225
ARKK taking a breather after a 50% rally off its lowsThat high volume outside reversal session on Thursday 8/11/22 has kept control over ARKK over the past few sessions. The intermediate uptrend from June is still in tact, but near-term we're in pullback mode waiting to see if dip buyers arrive in the upper 40s to save this uptrend. ARKK is a great proxy for growth and risk appetite in long-duration tech.by EvanMedeiros3
ARKK now dips lower than the level before covid begins!1) Valuation: Now the price is lower than everything happens in Early 2020: Covid, Quantitative easing. (marked in grey horizontal line) 2)Technical analysis: The trend is stablizing into an uptrend. Open for discussionLongby BillionaireLau7
Sinking ARKKI'm convinced this collection of garbage stocks has further downside, trying to figure out the timing on this, it could happen as early as next week, but if wave 4 = wave 2 then the collapse doesn't happen until we get a H&S pattern shoulder in Nov. Kinda make sense, by then we should know that the Fed isn't going to cut interest rates next year, which is priced in right now. Also see my ARKK overlay on top of BTC. All garbage moves together, lol. BTC is worthless and so are half the companies in ARKK. by hungry_hippo8816
ARKK rising wedgeThe price very nearly broke free of a long term resistance level but today's 6% drop back into this rising wedge pattern may be a bearish sign of more pain to come for ARKK.by MrAndroid1
$ARKK Finally a buy ? ARKK - The bearish sentiment and hate against miss Cathie Wood is pretty strong as her flagship ARKK fund has gone from a high of $160 to low $35 this past week, nearly erasing ALL gains and now total 5 year return in line with the market at 13.8%. If you're a contrarian, you love the idea of going long here. I prefer technical and price action which as of now I think ARKK has a good R/R and am looking for a trade to $55 price target in the near term. - Huge volume last week as sellers appear to be exhausting and a bullish hammer candle - Currently at FOUR year support line - RSI in over sold zone - PT 55 coincides nicely with 10weeklyMA at 56 - Even in bear markets we see upside rallies (another opportunity to short) This is a trade idea, as a longer term investor I'd be waiting for a solid base and breakout above 30wkMA, and I still see any bull rally in this name as another opportunity to go short. Further downside is limited and favor the risk return down here. Let's see :) Longby FriscoTradesUpdated 12127
ARK Innovation fund - Bullish divergenceOn the above 4-day chart price action has corrected 60%. Tech stocks in general are ridiculously oversold. Now is an excellent time to be bullish on the ARK innovation fund. Why? 1) The ‘incredible buy’ signal prints. Look left. 2) Price action is on the golden ratio. 3) Regular bullish divergence. A number of oscillators are currently printing bullish divergence (see 3-day chart below). 4) A recent 33% increase in short interest! When a stock/ETF drops 60% and you then decide to go short, you deserve to get rekt. shortsqueeze.com Is it possible price action falls further? Sure. Is it probable? No. Good luck! WW 3-day bullish divergence Longby without_worriesUpdated 8812
Bias more on upside. 6th Aug 20222 Break above $50, Next resistance: $60/$62 which coincide with 23.6% Fibo and 200Day MA. Longby probabilityta0
ArkkArk has been doing pretty well I will admit but it’s been Making higher lows and higher highs pretty much everything that you would like to see. However usually when you get those type of price actions it’s because it’s in rising wedge. As I can see in my chart and I’m sure you can see it too there’s a large rising wedge that we are following to the tea just about. Now currently we could be flagging below the resistance line of this rising upper resistance. What I am going to do is keep an eye on this $50.90 to $51.14 area because if we start closing candles above in holding as support we could actually see a bullish break from a bearish pattern. I am in a position in SARK currently as I see the opposite a falling wedge which we’ve recently touched the lower support of the fallingnwedge once again and got a bounce off it. If they arKK can get rejected here We can see a nice move down which should push SARK to the upside so we have to watch both when playing SARK or aRKKShortby Erictaylor882
A bullish scenario for Bitcoin ARKKTake profit level: $64.00 ARKK is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARK Investment Management LLC is an American investment management firm based in St. Petersburg, Florida, that manages several actively managed exchange-traded funds (ETFs). The firm aims to provide broad exposure to disruptive innovation. ARK believes innovations centered around artificial intelligence, robotics, energy storage, DNA sequencing, and blockchain technology will change the way the world works and deliver outsized growth as industries transform. Longby UnknownUnicorn382895760
Opening (Margin): ARKK September 16th 44/57 Short Strangle... for a 2.92 credit. Comments: High IV at 59.3%. Being a little more aggressive and selling the 25's here. Delta/theta -2.55/7.07.by NaughtyPinesUpdated 4
Ascending TriangleHigher lows inside a horizontal trading channel. Double Bottom noted. Price has broken top trendline. No recommendation. T1 is in larger type, T2 is smaller and T3 even smaller.by lauralea0
LOL PonziRising wedge forming - wont get much farther than the .5 fib before resuming the long term down trend. Shortby QuantitativeWeezing2
ARKK may recover as the market risesShare prices of almost all companies included in ARKK are at historical lows. If you don't mind overloading 5-6% of your portfolio with relatively high risk-weighted assets, then ARKK may be one of the most suitable assets.Longby gorgevorgian3
A bullish idea for ARKK(July 26th) Park Avenue Securities LLC increased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 72.2% in the 1st quarter, HoldingsChannel reports. The firm owned 5,911 shares of the company’s stock after purchasing an additional 2,479 shares during the period. Park Avenue Securities LLC’s holdings in ARK Innovation ETF were worth $392,000 as of its most recent filing with the Securities & Exchange Commission.Longby UnknownUnicorn382895761
The Sinking ARKKMore of a social commentary than stock analysis.... The Fed created a bubble and now it's collapsed. I hope all of those Fed morons, especially Powell, appreciate the fact that they've destroyed the life savings of a lot of morons who can't identify a bubble. Powell is absolutely the biggest moron in the world and never should have become Fed chair, now the moron in chief has decided to give him another term. Look out for more disasters to come, Powell is an incompetent dipshit. I've been saying it for at least 3 years now. As for ARKK, I thought it might head and shoulder, but looking at the holdings, there are waaaay too many COVID stocks. this looks like a technical bounce off previous support, but support will fail because the holdings are different. Cathy is also a dipshit, lol. cathiesark.com by hungry_hippoUpdated 4410
ARKK AnalysisPrice is on a clear downtrend. Price has been building sell-side liquidity and taking liquidity at 46.94 and 48.12. This could most likely be a bull trap while smart money pushes the price down. I'm expecting the price to go down from here. The target for this down move is the relatively equal lows at 35.10.Shortby Keeleytwj0
Long ARKKJust broke through the 50 day ema next stop 150day ema then the 200 day ema. Let's watch the trend. Longby GlennTrading1
ARKK Rising WedgeARKK was up as much as 40.57% from the May low to this week's high. A whopping figure by any account, but given how aggressive the sell-off was leading into the May low, that run can still be considered a pullback in a broader bearish trend. With SPX and NQ making fresh lows in June, ARKK did not, which was unusual because for much of the bearish trend in Q1 ARKK seemed to be leading the way. That support in May seems to be a response to deep oversold conditions that have now been scaling back for the better part of three months. At this point, ARKK is showing a rising wedge pattern which is often followed with the aim of bearish reversals. Bulls show a stronger hand at support while stepping back near resistance or around highs, leading to two trendlines that eventually intersect. This can also be considered a possible bear flag-like formation, where a pullback in the trend shows up in a pattern that carries possible continuation. by JStanleyFX3
ARKK day tradeHey all, I see ARKK is at support, and is wicking below. I took a long position with SL articulated. As with many of the other positions I just took, I am likely to stop out on price action instead of a hard SL.Longby MichaelEugen1222
A 20-25% decline is imminent..!Today we see a Bearish engulfing and a true high pivot in the chart! And Wyckoff's analysis suggests lower prices in the next few days! Best, Shortby Moshkelgosha3331
ARK Innovation ETF Has developed a base at prior years' support with the price trading against horizontal resistance. In addition, testing it's 50-day EMA of which a break above would support a buy/long. MACD also crossing above the zero line after the prior positive divergence reading. AMEX:ARKK TRADING LEVELS: Entry: 45.15 Target: 57.00 Stop-loss: 41.35Longby techpers1
A bullish scenario for ARKKCathie Wood’s Ark Innovation ETF could be headed for an explosive breakout!?.Longby UnknownUnicorn382895761