TrueTraderOfficial

Sunday Prep 8/22 - $ARKK

Short
AMEX:ARKK   ARK Innovation ETF
This was in the Sunday Prep 2 weeks ago for a short and so far it’s come in quite nicely. Would prefer pops back into resistance to hammer short, but if we were to break 113.27 I would probably start shorting pops joining trend. Michael Burry recently came out publicly about being short this and if I had to pick between him and Cathie Wood, it’s really a no-brainer. Love to know that the king of due diligence says that the fundamentals match what I’m seeing in the chart. LFG!!!


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