ARM (Short-term bull run)
ARM 1st target: $140
Weekly chart: I see it move into the fair value gap and target to be in the box in this week or next.
2nd target: $158
Fib Retracement, 1st pull back is hit (yellow range). Once reached, $158, it is likely to do a correction. Then see whether the correction succeeds or fails.
Trade active
in my opinion, it is best to do day-trading and swing trading for long position.
Today, buy puts $128, and will close position somewhere today.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.