andrewztrade

Alarm: Last Short and Long mid-term Strategy

Short
andrewztrade Updated   
NASDAQ:ALRM   Alarm.com Holdings, Inc.
Within two weeks we expect short opportunity after false breakdown - $46.5 / 47. Our target will be $38 during Febuary and first half of March (+18% potentially).
After $38 we assume the trend will change to long up to $50 price target (+30% potantially).
Trade closed: target reached:
38.4 target is reached, but volatility was higher than expected.
I have a SL at 48.6 at 26/02/20 but also Short it again at 04/03/20 with a great 38 adn 34 exit.
Now I expect the retest of 32 or 38 if price rally to 42 or higher.
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