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This stock has been somewhat of a disappointment. It has failed to get back above the $5.00 mark. I see if going to about $2.66 in the short term. I think the best-case scenario would be for Netgear to buy this back or some other tech company.
Year long consolidation and improving fundamental. Waiting for a sign of reversal here to buy.
RSI bullish , and a possible retest of previous resistance.
A retest of EMA20 will be ideal for a buy.
ARLO's falling wedge has the stock set up for a breakout to the upside!
For more confirmation wait otherwise jump in with risk for scalp.
Watch for breakout above 15.12
Pullback to new high!