Anything could happen, but if ARKK gets thru the resistance shown in the attached chart, I think it will represent a blow off top, destined to fail. The stock is $1 higher then where I suggested shorting it , whilst giving yourself at least till March in the options, if you chose puts. No change whatever in my opinion.

The stock had trouble in this area a couple of times in 2022 (and markets often have a memory for these levels) and the current pace is unsustainable probably in 90% of cases. Of course this could be the 10% case, which again means anything can happen. But I don’t bet against the 90 myself.