ARKK Backtest & Drop?

15 במרץ 2021

This is a possible setup to watch for ARKK. It's interesting that the Chaikin Money Flow indicator clearly signaled the previous top. If/when ARKK recovers to near the 50-day MA, it'll be interesting to see if volume profile is still weak. This isn't an actual trade for now.

16 במרץ 2021

עסקה פעילה

We knicked the 30 day WMA round 130.49, and trade activated shortly thereafter. This is a long term trade basically betting that a long term downtrend in this fund began in early February 2020 and will lead to the fund's extreme decline and possible collapse.

1/21/2022: 120 P = $18.95. Target is approximately $80 - assuming SPX has sold off from any kind of Fall double top in the $4300 range around August-November and is around 3700-3400. Eventual target is mid 2022 (no option dates available yet) at pre COVID: $40 or below.

30 במרץ 2021

הערה

Target 1 achieved: 200 Day MA. Great place to cover short-term shorts (I'm more long term though).

30 במרץ 2021

הערה

30 במרץ 2021

עסקה סגורה: היעד הושג