ARKK

ARKK is in a Stage 4 decline with a confirmed support failure and price below the 9/21/50 EMAs, signaling continued downside in the medium term; short-term momentum remains negative with no exhaustion, favoring immediate sell execution through continuation participation.

• ↑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