ARM - Potential Bullish Breakout Likely

83
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Volume
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- neutral

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Price Action
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- Dips are supported on uptrend line

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Technical Indicators
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- Ichimoku
>>> price above cloud
>>> Green kumo expanding
>>> Tenken [Conv] - Above clouds & pointing away
>>> Chiku [lagging] - Above clouds
>>> Kijun [Base] - Above clouds & pointing away

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Oscillators
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- MACD still bullish
- DMI bullish
- StochRSI, still bullish

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Conclusion
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- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.

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Positions
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Entry 1 - $171.50
Entry 2 - $155

Stop - $145

Exit 1 - $190
Exit 2 - $218
Exit 3 - $255
Exit 4 - $305
Exit 5 - $400

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