Is Cathie Wood’s ARKK a Buy? Here’s Must-Hold Support Level

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The Street

By Bret Kenwell The ARKK ETF is a barometer for growth stocks. The action has been constructive over the past two months. Let’s check the chart. Investors want to know: Are growth stocks out of the woods? In effect, it’s the same as asking if Cathie Wood’s Ark Invest is out of the woods. The flagship fund — the Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report — is one of the more widely followed ETFs in the stock market today. It acts as a go-to investment for growth investors and as a barometer of growth stocks for investors who choose not to invest in this area of the market. Its to…

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