ARKW had a great run in 2017, with over 100% growth. Let's hope it can do half of that for 2018.
This is my attempt to ride the trend of this ETF. I am projecting 45% @ 66.98 by Nov Sell off.
It's a basic Buy and Hold strategy. Right now we are at 46.07, I am looking to add position and hold for the year.
Trailing Stop will be used throughout the year, and a deep pullback is the only thing that could shake me out of my position.
Note: This is a disruptive technology ETF, but recently they added the Bitcoin trust. I am not happy about it. I believe it will add too much volatility to an already volatile product.
The Fund manager hopefully will see that soon and dump it. Guess time will tell. Hopefully, he is correct and it doesn't blow up a great fund.
This is my attempt to ride the trend of this ETF. I am projecting 45% @ 66.98 by Nov Sell off.
It's a basic Buy and Hold strategy. Right now we are at 46.07, I am looking to add position and hold for the year.
Trailing Stop will be used throughout the year, and a deep pullback is the only thing that could shake me out of my position.
Note: This is a disruptive technology ETF, but recently they added the Bitcoin trust. I am not happy about it. I believe it will add too much volatility to an already volatile product.
The Fund manager hopefully will see that soon and dump it. Guess time will tell. Hopefully, he is correct and it doesn't blow up a great fund.