ARLO trade ideas
6/7/24 - $arlo - rich px 4 implied grow; wait for <$10 minimally6/7/24 - $vrockstar/private - NYSE:ARLO -
doing a review today of all IOT-related names given my small 1% (as of now) starter position in NYSE:IOT (go read that for some nuance on sizing). here's a small cap now and my thinking. for now... not worth owning. i need a much better entry. setting target at sub $10 to take a closer look if/when.
looks expensive w/ minimal cash gen (ex. stock comp) and between 2-3x sales seems okay generally for this IOT sector, but top line growth has had some severe hiccups, and expected growth is MSD-HSD at best (which might end turning out to be low). i like how the stock/ chart have performed well v the Q's over the last years, but this might just be a function of zip code (IOT) rising tide vs. actual bottoms up fundamentals. it's one i've got on my radar but need to get a better entry.
ARLO NDNot quite sure what to think or this.
enter now with sl below the last swing-low?
leave a comment, thanks.
Arlo Macro Bullish Case + Ascending Channel trade setupHi Guys. As always im on the look out for Macro opportunities in assets with market structure or patterns that scream "Pay Attention to me".
One that stood out to me was ARLO.
This analysis is on the 1 week timeframe.
Notice the Orange rectangle. This zone is a MAJOR Support/ Resistance zone.
When Arlo went Public, we started ABOVE this zone.
Then made our way to the zone, attempted to maintain SUPPORT but eventually fell through and most of price action stayed Below the Zone since 2019.
We had many attempted to test the Zone and try to breakout with little to no luck in:
1. Feb 2021
2. Dec 2021
3. Feb 2022
4. July 2023
5. Sept 2023
UNTIL RECENTLY in March we made our way ABove this zone
We then came down to the bottom fo the zone and confirmed Support. With our current weeks candle up 11% indicating a BUllish Engulfing candle and MAJOR DEMAND.
I believe we are now on our way to test the Upper resistance limit of the Blue Ascending Channel that Arlo seems to be in.
After which we will attempt a Major Support test of the Zone.
Its also IMPORTANT to note, Above the zone, very little data exists. Meaning that theres very little resistance Above. This could fuel an extended Bull run for ARLO to New Highs.
But keep in mind specific signals or signs are needed.
Keep an eye for updates on further signs/ clues to take into consideration to help us make informed decisions!
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on ARLO in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
ARLO putI don't think this one will go much higher above $5.
I bought March $5 put for $0.25, my break-even is $4.75
I will likely close my position before expiration.
set a GTC order at $0.6
Bearish BAMM Targeting $2We have cracked below the 5 and 13 Month EMA and are on the way to testing the Potential B level of this Shark. If price goes below the B Level we could see an Accelerated Move down to the 2 dollar area to complete the BAMM.
ARLO LongTrendline break
Entry 6.55
Stop 6
Target 8.6
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Price Action Analysis for ARLOHello Traders! ARLO shows a Piercing Line Candlestick Pattern exactly at the Key Level showing confluence in price or giving us additional confirmation to enter a trade. I place my buy order at the closing price of this green candle and stop loss few pips below
All Conditions met:
1. Trend - Higher High Higher Low
2. Valid Pull Back
3. Key Levels
4. Strong Reversal Candle
Hope you enjoy my price action analysis and hope you smash the like button ;)
ARLO SwingLooking to swing back up after pullback from earnings report. Looking for pullback after earnings, looking for entry around .5 the move and looking to exit at the 786.
ARLOLike the look here on the weekly. 9ema hooking upwards under price and about to cross the 20 and turn it upwards as well.
ARLODaily MAs stacking tight under price and starting to turn up. And all this at the top of a 2+ month range.
ARLOAbove all MAs and breaking above resistance. Grabbed some July calls along with equity. Looking to add to equity on any pullback to the MA cluster at around 6.50.
Arlo too LowArlo Technologies, looks to be playing in a new bull channel. Watching this one close in the nearby with a long position. Will exit position if price breaks purple support meridian for the new channel. For now I think price is headed to retest $10.
ARLO: Trading IdeaARLO delivered some great numbers during the past quarter by extending their new subscription strategy. They expect to have 1 Mil. paid users during the next year but will also see some shortage issues during Q1 & Q2. While I'm long on ARLO (I expect that they get bought at some point from apple or someone else). here is some short term trading idea.
ARLO Continuation?MACD cross on the daily and a massive green candle yesterday that took out 2 fibonacci levels and tested a third. The RSI is a bit high so I will cautiously enter above $10.15 with a 1st target of $10.93. I will use a relatively tight stop here.
High Probability Gap Fillno position yet, looking for some consolidation before the final leg up
*TA + personal opinion= not investment advice
Needs to get above $9 or will retraceI've been following ARLO for a while and it looks like it is having a hard time getting over the price of 8.78. Hopefully, the next earnings cycle can get it to stay above $9. This is a ripe acquisition target for Apple as Google and Amazon already acquired Nest and Ring
ARLO Testing Resistance Since ARLO IPO'ed it has not performed well. It just tested it's Feb 2019 resistance. If it stays above it can get to new highs!!
ARLO LONGLooking for an entry above 5.72, which should act as support. MACD cross and the 9ema crossing the 20ema makes this look bullish to me. First target 5.93 second 6.21
