What's Next For ARKK? Bullish Pennant Alert February 2023

The bullish pennant pattern is a classic technical approach where a stock or ETF has a long upside move followed by a short-term pattern of lower highs and higher lows. This consolidation pattern usually suggests further upside but only when the pattern is validated! Today we'll apply the best practices of technical analysis to the ARK Innovation Fund (ARKK) and provide an upside objective based on the bullish pennant pattern.
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
Take my FREE course "The Five Modes of Mindful Investors" here: https://www.marketmisbehavior.com/fre...
Read my blog: https://www.marketmisbehavior.com/blog
Follow me on Twitter:   / dkellercmt  

Dave helps active investors and financial advisors make more informed investment decisions, inject more discipline into their investment process, and enrich relationships with their clients. Feel better about making better decisions!

Dave is the Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor.

He's also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research and consulting firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients.

Dave was previously a Managing Director of Research for Fidelity Investments in Boston, a Past President of the Chartered Market Technician (CMT) Association, and started in the financial industry just after the March 2000 market top at Bloomberg in New York.

✔ W E B S I T E
https://www.marketmisbehavior.com/
✔ T W I T T E R
  / dkellercmt  
✔ L I N K E D I N
  / dckeller  
✔ F A C E B O O K
  / marketmisbehavior  

The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice. For full disclaimer please see our website: https://www.marketmisbehavior.com/dis...

#MarketMisbehavior