ARM (Short-term bull run)
Updated
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.
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