2Yr·

I hardly believe it - Cathie Woods Ark Innovation ETF made 5% plus today 📈


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? 👀

attachment
3
7 Comments

profile image
High short rate on unprofitable tech stocks -> shorts cover -> rally -> sell-off -> repeat or not?
5
profile image
@KapriolenSonne -> Step 4: Profit
1
profile image
@Lorena -> Step 5 du hälscht dein Schnauzen 🌝
2
profile image
@KapriolenSonne -> Step 5: I'll take you back to kindergarten 🤡
profile image
@Lorena Plottwist they take you on instead because well.... 🌝
1
profile image
And now kiss
1
profile image
@KapriolenSonne no... for the most part, the ARKK shares have not fallen below their May lows again. As they were the first to fall, they could also be the first to come out of the crisis. Of course, they could go even lower with bad news 🤷🏻‍♂️
Join the conversation