Posted by elementsix on 30th of Mar 2021 at 09:06 am
ARK Invest - Also of note was a change in the ETF prospectus
that will allow the funds to own well above 10% in a single
position (up to 30%). My read is that this allows ARK to
consolidate and concentrate their winners (double down?) and
jettison losers in a pullback.
on PYPL you have a lot of support around that 215 area,
and not just from the 200 day MA, there's big price support from
Sep and Oct. So possible that the H&S doesn't meet the full
measurement but we'll see, that zone I mentioned would be my target
area to take some profits
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ARK Invest - Also of
ARKX - NFLX and AMZN are 'space' stocks? WTF? https://www.thestreet.com/etffocus/market-intelligence/arkx-full-list-holdings-ark-space-exploration-etf Oh lookie ...
Posted by elementsix on 30th of Mar 2021 at 09:06 am
ARK Invest - Also of note was a change in the ETF prospectus that will allow the funds to own well above 10% in a single position (up to 30%). My read is that this allows ARK to consolidate and concentrate their winners (double down?) and jettison losers in a pullback.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1579982/000110465921042507/tm2110363-5_497.htm
on PYPL you have a
Posted by matt on 30th of Mar 2021 at 09:19 am
on PYPL you have a lot of support around that 215 area, and not just from the 200 day MA, there's big price support from Sep and Oct. So possible that the H&S doesn't meet the full measurement but we'll see, that zone I mentioned would be my target area to take some profits