If it loses 73, then time to short this stock. It could crash towards that big trend line around $50 and less.
Positive case would be it breaks above 80, then it could retest around 90 and fall.
In the IBD ranking, NYSE:ARW is number 9 in its industry. While NASDAQ:TRNS is number one, which already made the breakout and has a +20%. Since I missed that move I´m focusing on SET: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...