ARK ETFs were the best performing ETFs in 2020, especially ARKG ETF where the 1 year return tops 215% as of 21 Jan 2021. The return is certainly exceptional and will be challenging to even beat it.
One of the important criteria to pick the stocks that can outperform ARK ETF is to focus on the stocks that are in great structural position with huge causes built. Based on the Wyckoff’s Law — Cause and Effect, the target price can be estimated based on Point and Figure projection method. The more causes the stock has built, the higher the target price.
Three small cap stocks, AQB (Aquabounty Technologies INC), CLLS (Cellectis) and SURF (Surface Oncology INC) have been selected based on the current price structure, volume spread analysis and the huge causes built.
Watch the video below where I run through in detail the trading plan for AQB, CLLS and SURF with price action trading strategy that comes with the potential trade entry and stop loss.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
EUR/USD retreats from daily highs, holds above 1.0800
![EUR/USD retreats from daily highs, holds above 1.0800](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/money-59004818_XtraSmall.jpg)
EUR/USD loses traction but holds above 1.0800 after touching its highest level in three weeks above 1.0840. Nonfarm Payrolls in the US rose more than expected in June but downward revisions to May and April don't allow the USD to gather strength.
GBP/USD trespasses1.2800 after encouraging US Payrolls
![GBP/USD trespasses1.2800 after encouraging US Payrolls](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_XtraSmall.jpg)
The continuation of the downward pressure in the US Dollar motivates GBP/USD to extend its recent advance and reclaim the area beyond 1.2800 the figure in the wake of the release of a firm US NFP.
Gold approaches $2,380 on robust NFP data
![Gold approaches $2,380 on robust NFP data](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/stack-of-golden-bars-in-the-bank-vault-60756080_XtraSmall.jpg)
Gold prices intensifies their bullish stance for the day, rising to the vicinity of the $2,380 region following the publication of the US labour market report for the month of June.
Crypto Today: Bitcoin, Ethereum and Ripple lose key support levels, extend declines on Friday
![Crypto Today: Bitcoin, Ethereum and Ripple lose key support levels, extend declines on Friday](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Bitcoin/Bitcoin_2_XtraSmall.jpg)
Crypto market lost nearly 6% in market capitalization, down to $2.121 trillion. Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) erased recent gains from 2024.
How the new UK government can tackle the public finances
![How the new UK government can tackle the public finances](https://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/UnitedKingdom/union-jack-flag-waves-next-to-guard-in-red-uniform-20279560_XtraSmall.jpg)
Britain is waking up to a Labour government for the first time in 14 years, and one that will command a significant majority in the House of Commons. But the honeymoon for incoming Prime Minister Keir Starmer will be short-lived.