Dear traders,
Id like to share this idea in order to take long positions, basically the price is in a strong support level around 110$.
100 - 110$ is is a good price range to look for buying opportunities.
Additionally RSI is clearly oversold and prices already went down quite aggressive.
best,
Before December 15th, we could see an increase of at least 100% (OTM option price).
Using options so time is the only SL.
Strike: 125
Current Mark Price: 4.50
We are expecting the price to make new correction wave and retrace to the 50% fib zone. Stochastic Oscillator shows the stock is oversold, which indicates probable pullback to the upside. Also, the price is currently far below EMA, that is why we are expecting the price to rally.
Entry: 111.7
Invalidation: 107.51
Target: 119.01
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...
Arrow Electronics (NYSE:ARW) announced today that ArrowSphere, its award-winning cloud marketplace and management platform, was named a Strong Performer in The Forrester New Wave™: Marketplace Development Platforms, Q4 2021 report. Arrow was among a select group of companies invited to participate in the New Wave evaluation.
ArrowSphere "is the best fit for...
ARW has seen significant insider selling since 22 May. A closer look at the TA could potentially reveal a textbook short opportunity.
What is happening?
On the weekly we are able to draw a pitchfork, using the top and bottom of the Covid-crash in 2020. The median line is well respected by price.
Elliott-wise we see an extended wave 3. In that case, we add the...
Hey my friends, ARROW ELECTRONICS is in a double fake downtrend with a shadow bear on a high volume of purchases issued. Looking at the TIMEFRAME 1Min we can see a rejection of sellers with a large volume of sales at the end of the session. And it wants to break its VWAP to go to its next low. Then go back to his climb in this situation it can break his VWAP, to...
-> Analysis of 02 Sep.
-> Hello Friends, here is my 4H-Chart idea to ARW . -> (all further information can be found in the chart)
-> Please note: These analyses are not intended as investment recommendations! The analyses presented by me are in no way to be understood as financial advice! Please also note that you are always responsible for your own...
This instrument has achieved two goals after broke downtrend and then a bullish guideline , now is bouncing in MM200 and it seems that is going to resistance again .We could enter taking a litle risk with SL under MM200.
ARW is one of many stocks that declined recently. HFTs gapped and ran the stock down. In order to capture these high profit runs down, entries must be made prior to the gap.
