2YrΒ·
Opinion for $ARKK

I hardly believe it - Cathie Woods Ark Innovation ETF made 5% plus today πŸ“ˆ


According to classic chart analysis, the breakout and retest has been successful. And it looks like a double bottom formation with a high volume candle in May, indicating significant buying pressure (not from retailers, but from institutions)....


Do you think Bottom is in or is this just a fake out? πŸ‘€

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High short rate on unprofitable tech stocks -> shorts cover -> rally -> sell-off -> repeat or not?
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