2Anno·

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 Commenti

immagine del profilo
High short rate on unprofitable tech stocks -> shorts cover -> rally -> sell-off -> repeat or not?
5
immagine del profilo
@KapriolenSonne -> Step 4: Profit
1
immagine del profilo
@Lorena -> Step 5 du hälscht dein Schnauzen 🌝
2
immagine del profilo
@KapriolenSonne -> Step 5: I'll take you back to kindergarten 🤡
immagine del profilo
@Lorena Plottwist they take you on instead because well.... 🌝
1
immagine del profilo
And now kiss
1
immagine del profilo
@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 🤷🏻‍♂️
Partecipa alla conversazione