ARK H/S at OBTime to short ARK after breakdown the neckline of the head and shoulder that was created on 1hr timeframe… if you have being following me, you will know when we long ti the bearish OB and is time to short now to the bullish OB on 1hr timeframe below…. Manage your risk and follow me for more update and decent trades
ARK
ARKM and WLD Tokens: Fractal Similarity and Patterns in Graphs!Today, I want to share my observations regarding two interesting tokens, ARKM and WLD. While analyzing their graphs, an idea struck me about the possible fractal similarity between them. Here's what I noticed.
First and foremost, I want to emphasize that ARKM and WLD represent different projects with different functions and purposes. However, if we focus on their graphs, some intriguing aspects emerge.
Both graphs exhibit a similar structure and show patterns that suggest a possible fractal nature in the movement of these tokens. Such similarity could be of interest to analysts and investors as it highlights common aspects between ARKM and WLD.
As for my expectations, based on the fractal nature, I would anticipate the WLD token to decrease.
👇However, it's essential to remember that these are just my thoughts.
QSI Growth Thesis ! ARK Biggest Shareholder Accumulating !Quantum-Si (QSI), currently trading at $1.55, presents an intriguing growth opportunity with the potential to at least double in value. Several factors contribute to this growth thesis:
Disruptive Technology: QSI's technology has the capability to revolutionize the discovery of new diagnostic tests and pharmaceuticals through digitization. By leveraging AI and digitizing the industry, QSI can significantly accelerate and reduce the cost of these discoveries. The implementation of AI has the potential to exponentially enhance the speed and efficiency of the process, positioning QSI at the forefront of innovation in the field.
Founder's Confidence: Jonathan Rothberg, the founder of QSI, has displayed unwavering confidence in the company's future. Notably, Rothberg has not sold a single share and, in fact, acquired tens of thousands of shares in the $3-4 range last year. This demonstrates his belief in the company's long-term potential, which is a rarity among new companies. In contrast to many other recent IPOs, where founders and CEOs have been selling shares, Rothberg's continued investment reflects his dedication and commitment to QSI's success.
Strong Financial Position: QSI boasts a robust financial position with over $330 million in cash and zero debt. This substantial cash reserve provides the company with a secure foundation and ample resources to fund operations for at least three years. This financial stability is uncommon for a company that went public through a SPAC, instilling confidence in QSI's ability to execute its plans without facing immediate financial constraints.
Strengthening Executive Team: QSI has been bolstering its executive team, attracting talented individuals from reputable companies such as ILMN (Illumina). This strategic move enhances QSI's expertise and further positions the company for successful execution of its plans. The addition of experienced professionals from a prominent industry player underscores QSI's commitment to assembling a capable team to drive growth and innovation.
ARK's Support: ARK, an influential investment firm, has been actively accumulating QSI shares, driving up demand and limiting the availability of public shares. With approximately 9.75% ownership in QSI and an average acquisition price of $9.91, ARK's confidence in the company's potential is evident. Their continued investments, as seen in their recent purchase worth $675K, signal a positive outlook for QSI and attract attention from other investors.
From a technical analysis perspective, Quantum-Si (QSI) appears to be forming a double bottom pattern, which can indicate a potential trend reversal and a bullish signal. The double bottom pattern is characterized by two distinct price lows, with a moderate upward price movement in between, forming a "W" shape on the chart.
In the case of QSI, the formation of a double bottom pattern suggests that selling pressure may be diminishing, and buyers could potentially step in to drive the stock's price higher. This pattern often signifies a shift in market sentiment from bearish to bullish.
Based on the double bottom pattern, some technical analysts may project a potential price target. In this case, the price target of $1.93 indicates the expected upside move if QSI breaks above the pattern's neckline or resistance level.
Considering these factors, Quantum-Si (QSI) presents an intriguing growth opportunity. The disruptive technology, founder's confidence, strong financial position, strengthened executive team, and support from influential investors contribute to a compelling investment thesis. While investments involve risks, QSI's current valuation of $1.55 potentially offers significant upside, with the potential for at least doubling in value based on the provided information.
Looking forward to read your opinion about it!
QSI Quantum-Si Incorporated Double BottomQSI started the reversal I was mentioning here:
Quantum-Si incorporated, a life sciences company, develops a single molecule detection platform for sample preparation and sequencing.
QSI is heading to the next resistance, $2.52, which I think is the price target of this stock for now.
Cathie Wood`s ARK Invest is the biggest shareholder with an Estimated Average Price Paid of $9.91/share.
So I`m extremely optimistic about the future of this company.
Looking forward to read your opinion about it.
$ARKK - The Growth Story will PUSH higherAMEX:ARKK moved nearly 8% higher since I shifted my focus towards small-cap potential in my initial post. Price is currently testing supply and approaching my target of $45. In anticipation of a potential market pullback next week, I may consider trimming my position. However, I'll continue to monitor the market closely and keep an eye on the gap fill above $46.41.
ARK ETF repeating Dow's Great Depression?The ARK Innovation ETF (ARKK) ever since (even before) its Peak on February 16 2021, has been printing a pattern similar to the one that Dow Jones (DJI) formed during the 1920s/30s Great Depression.
Right now it appears to have rebounded on Leg (f), which is the market bottom, and is pulling back to form Leg (h). According to Dow's blueprint, ARK should rebound aggressively above the 0.382 Fibonacci retracement level to Leg (i).
Do you think the worst is over for the tech driven ETF?
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DNA My Top Stock Picks for 2023DNA Ginkgo Bioworks Holdings is close to all time low on the lower end of a Falling Wedge.
I think it`s primed for an imminent breakout.
ARK Invest keeps buying it at this level.
Looking at the DNA Ginkgo Bioworks Holdings options, I would buy the $2 strike price Calls with
2023-3-17 expiration date for about
$0.20 premium.
DNA Ginkgo Bioworks Holdings is one of My Top Stock Picks for 2023.
Looking forward to read your opinion about it.
ARKUSDT short opportunityARKUSDT remains in the downtrend.
Both in a short-term and long-term perspective we're expecting the downtrend to continue.
Recently Binance delisted ARKBTC trading pair which is not a good sign for this project when it comes to long-term predictions.
On the lower degree the price remains under the downsloping resistance line creating lower highs. Support at $0,277 were holding pretty well, however it was tested already so many times that we expect it to break at some point.
How to trade it:
You can short rejections below the downsloping resistance line (put a stop loss above this yellow line once you enter your short) or you can wait for a price to break the support at $0,277.
Target for shorts / entry for long: $0,251
As this coin is easy to pump by whales as it's very illiquid market , don't do higher than 5x leverage.
Good luck
ARKK - Still looks concerningHello friends, today you can review the technical analysis idea on a 1D linear scale chart for ARK Innovation ETF (ARKK).
The chart is self-explanatory. I have been providing warnings since December 2021 so I hope you followed along.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
ARK sinking to 0.2000Symmetrical Triangle has formed on the ARK.
This is a bearish pattern, which once the price breaks down we could see a target of $0.2000
With the candle spikes and gaps, these are dangerous signs of liquidity and manipulation issues which spooks investors away from unstable penny cryptos like these (or other penny markets for that matter).
I'm bearish with this one and wouldn't bet my shirt on it.
ARKK - My Third WarningHello friends, today you can review the technical analysis idea on a 1W linear scale chart for ARK Innovation ETF (ARKK).
The chart is self-explanatory. I have been providing warnings since December 2021 so I hope you followed along. Included in this chart is the Keltner Channel, recent Death Cross (50 SMA / 200 SMA), RSI, Volume. This is a weekly chart so have patience. There are two support and resistance areas noted with price ranges.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
NVTA Invitae Corporation Options Ahead Of EarningsLooking at the NVTA Invitae Corporation options chain, i would buy the $2.5 strike price calls with
2023-1-20 expiration date for about
$0.60 premium.
Looking forward to read your opinion about it.
Do not fade the growth (risk on) trade above this levelThe ARK Innovation ETF (ARKK) is the poster child for growth appetite in this market environment. It's been left for dead in a cascade of selling throughout 2022, but most recently, it's been showing some relative strength, bottoming price action, and is in the process of breaking out to 2-month highs.
As long as ARKK is > 46.50, the growth (risk on) trade is on and should not be faded.
noah's arkknoah was instructed to build an ark,
in accordance with market makers instruction:
he took into the ark the most bullish of all specimen.
----
before the bulls had ventured on this journey,
this noah guy looked at them intently;
he said:
"one day this ark will turn 88
that's when a lot of you could dissipate.
do not let greed control your journey,
simply take profit when the time comes -
and go on to live out the rest of your story."
----
buy $33
sell $88
ARK 3549% from ATH ! what are you waiting for ?Whatsup Guys , i hope you doing well.
Another one for you , keep in mind that nothing what i post on Tradingview is an Financial Advise.
Dont go crazy , Don't go 100x 200x , don't gamble , only invest.
Stay Safe , wash your hands , keep distance and keep investing in your own future
TradingEagle38 //
SARK The Most Profitable ETF !!If you haven`t bought SARK at the beginning of this year:
Then you should know that SARK or The Tuttle Capital Short Innovation ETF offers investors access to a short vehicle that may otherwise be difficult to execute on their own.
The fund attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF for a single day, not for any other period.
Looking forward to read your opinion about it.