LIFE 360 legendary dealLife360 helps families stay connected and safe. It lets you share your location in real-time with loved ones, get alerts when someone arrives or leaves a specific spot, and even warns you if there's a car accident. Plus, it offers roadside assistance and identity theft protection. This could also have several applications in the industry and location of important packages.
Life360 is on a roll financially, with growing revenues and plans to expand with new tech, like a global satellite tracking network and services for pets in 2025 and seniors in 2026. They're also reducing losses and boosting income, which is a great sign for the future. With smarter advertising on the way, they're set to keep growing and innovating.
With this introduction, Life360 is a strong candidate for a long-term investment. However, our goal is to achieve fast profits with minimal risk, while continuing to search for other opportunities.
Last week, Life360 closed within a well-defined support zone around the 39.60 level. Purchasing at this level offers the potential for a 20% gain in the coming days , with a limited downside risk of only 3% to 4% (stop-loss zone).
Boosting the Trade to a Risk-Free Position
A common outcome for a multiple-bottom support pattern like this is a breakout, often followed by a rapid price decline. However, there is a strategy to capitalize on this scenario :
1. Buy 50% of the position with a take-profit (TP) at the first target.
2. Buy the remaining 50% with a TP at the second target area.
If the price rebounds to the first TP, we will s ecure a 6% profit, effectively ensuring a risk-free trade . In fact, this would result in an overall return of (6% × 50%) + (-4% × 50%) = 1% profit for the entire initial position.
If the price arrives to the 2nd target, a profit of over 13% will be done in few days combining both positions.
