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 / ___|/ _ \  | || |   | | | |_ _\ \   / / ____|
| |  _| | | | | || |_  | |_| || | \ \ / /|  _|
| |_| | |_| | |__   _| |  _  || |  \ V / | |___
 \____|\___/     |_|   |_| |_|___|  \_/  |_____|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

The $ARKK is sinking...

BY: @heyimsnuffles | CREATED: May 4, 2021, 9:18 p.m. | VOTES: 44 | PAYOUT: $5.07 | [ VOTE ]

I tried to warn everyone yesterday. I got the hell out of the way. Tech got killed on Yellen's comments about raising rates, of course she has since walked those back on a measly 1% down day for the market.

I mentioned yesterday that Cathy and her funds may be on Life Support...
https://leofinance.io/@heyimsnuffles/cathy-wood-s-arkk-appears-to-be-on-life-support-usdarkk

and indeed it was.

[IMAGE: https://images.hive.blog/DQmUf36Hc7Sx2cA6YoWuGNiohZLXNYJjnBk4VKXu2Ne4cmy/image.png]

ARKK is sitting on the 200 Day MA and is literally hanging on for dear life here.

I am assuming they bought anything and everything today and we shall see later on today...that is what you get for chasing a parabolic move and not taking profits...

[IMAGE: https://images.hive.blog/DQmUt752iiJWwefFYHDRn1q6mG8aQTz6YUnw2pAyv2bELqJ/image.png]

Posted Using LeoFinance Beta

TAGS: [ #proofofbrain ] [ #palnet ] [ #posh ] [ #stocks ] [ #investing ] [ #technology ] [ #crypto ] [ #leo ] [ #leofinance ]

Replies

@chuuuckie | May 4, 2021, 9:50 p.m. | Votes: 0 | [ VOTE ]

Looked like a rising wedge on a 1D chart.

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