We just hitted a major monthly trend as well as weekly, went into their timeframes so I take the chance and bet on a major pullback.
Insider sell, let's fill the gap... Tradingview wants me to text more BS about this super simplified idea. Liquidity taken. Fib lvl hitted. Insider sell news. Gap down there.
Well, the market doesn't care what kind of great person you are. We will kill all longs before, aka dreams before it'll skyrocket to the moon imo. Checked on multiple timeframes. 1909 - 1906 are my personal bottom premium entrys for a super duper premium swing. Enjoy the ride. My profit target is conservative, I hope actually for even further upside.
Ladies and Gentleman, I'd say the chart is self explaining. Daily Doji candle speaks for a push up from the current levels, however be preapred to consider potentially also 28948 as your entry with SL at 28600 due to liq games on during weekend. I'm aiming at least for 30460.
We need to handshake that daily wick on the top before we dump. Yellow line could be a perfect entry imo at the greediest level where actually everyone will expact a dump.
If we can break the res. at around $1070 and the gossip is true regarding 12/9 stock split announcement, I see this thing flying.
ARLO delivered some great numbers during the past quarter by extending their new subscription strategy. They expect to have 1 Mil. paid users during the next year but will also see some shortage issues during Q1 & Q2. While I'm long on ARLO (I expect that they get bought at some point from apple or someone else). here is some short term trading idea.