ARKK

ARKK is in a Stage 3 distribution with price breaking below key EMAs and trend structure, indicating medium-term bearish bias; oversold conditions and extension below the 9/21/50 EMAs suggest patience for better execution rather than immediate selling; momentum remains negative with no exhaustion relief, supporting a deferred sell posture.

• ↑Eliminated DraftKings stake to reallocate into AI and semiconductors
• ↑Momentum indicator positive; ETF above its 50-day moving average
• ↓Tesla’s 16% drop highlights concentrated stock risk