In the IBD ranking, 
ARW is number 9 in its industry. While 
TRNS is number one, which already made the breakout and has a +20%. Since I missed that move I´m focusing on 
ARROW.
The electronics parts distributor has made 3 higher lows and shows a pivot buy above $123.50. With a stop loss at $118.27, my target sell will be above $138. I´ll be waiting for the breakout to take a position.
I´d like to add that the some of the biggest ETFs holders have momentum and alpha seeking strategies. Like
LSAT, $
MTUM, $AMEX:QVAL and 
BOUT.
ARW is number 9 in its industry. While TRNS is number one, which already made the breakout and has a +20%. Since I missed that move I´m focusing on ARROW.The electronics parts distributor has made 3 higher lows and shows a pivot buy above $123.50. With a stop loss at $118.27, my target sell will be above $138. I´ll be waiting for the breakout to take a position.
I´d like to add that the some of the biggest ETFs holders have momentum and alpha seeking strategies. Like
LSAT, $MTUM, $AMEX:QVAL and BOUT. 
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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.