After ALRM gapped up on earning it was quickly sold off
It continued to do so for 11 days in a row as it came into its major support area ($75)
As It came in and held that major support area of $75
We started a position above the high of day
Buying above $78 vs $75 ($3 risk per share)
As it ran back to $84 and pull back to $80
We are seeing another low risk spot to add to this trade above $84 vs $80 with the goal of trying to hold this at least till $96 and then the retest of ATH's
It continued to do so for 11 days in a row as it came into its major support area ($75)
As It came in and held that major support area of $75
We started a position above the high of day
Buying above $78 vs $75 ($3 risk per share)
As it ran back to $84 and pull back to $80
We are seeing another low risk spot to add to this trade above $84 vs $80 with the goal of trying to hold this at least till $96 and then the retest of ATH's