ARM is looking to break out of a bull flag after a month of sideways action. Bounced off the 20 EMA and looking to head back to the highs as the market rotates back into semis. First target $150.
This one is a bit of a hack but follows on from my video on how to set STOP LOSSES on TradingView for Connected Brokers. To set a TRAILLING STOP LOSS you need to open your broker account, set the trade there and it will then be reflected on the TradingView interface. Basically a set and forget type approach.
One of the best features of TradingView is all the connected brokers and how you can not only place, but also move any take profit and stop losses around on the screen to match what you are seeing on your various indicators or support levels. Video also covers a way to gracefully exit out of a trade bit by bit if you are already up a long way and want to...
SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO. I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped. Below is the trade plan for commons, If you are trading options, have a tight stop loss. Long between 137-145 Stop Loss - 130 Target #1...
wave 2 correction seems finished and is about to rally soon, if not tomorrow NASDAQ:ARM
Op Ex tomorrow : $5 Trillion expiring. PPI comes in hot: confirming inflation trend. Markets sold off: Small caps slaughtered. Dollar, Yields, Oil, Vix all spiked today.
The idea that ARM was doing a bull flag is now invalidated after the Feb 20 low pivot in RSI has been taken in the last drop. Expect a bounce and then more downside.
NASDAQ:ARM IPO lockup period, prohibiting insiders from selling stock, is set to expire on March 12, 2024. This could put pressure on the stock, particularly if NASDAQ:NVDA is becoming more volatile and moving towards its support around $800-780. This could put NASDAQ:ARM investors under psychological pressure to put some of the stock into the market. Let's...
Note the two zones where NASDAQ:ARM is bouncing around. Getting lower sell point as it reaches the sell or supply zone which means sellers are drying up.
I spotted a bullish pennant, hinting at an upcoming price surge for ARM stock. However, caution is advised as the lock-out period ends on March 12, which might introduce volatility due to potential selling pressure. Keep an eye on this opportunity, but be prepared for any market reaction.
A holistic attempt to understand ARM holdings recent movement and setup.
Arm Holdings (ARM): Decoding the Recent Surge The recent exponential surge in the share price of chip maker Arm underscores the fevered speculation gripping the AI sector. Arm, despite not being directly involved in AI, has become a focal point of attention due to its strategic moves in diversification, particularly in markets like automotive, and the sale of...
ARM is working on a double inside day after the massive run up. Tightening now and looks ready to explode higher tomorrow. A red to green open tomorrow could be perfect!
My thoughts are that many have not understand that the company have nothing to do with AI, is not a draging up sector company. The company have 2 divisions: 1 design chip and the 2 is licensing. Based on those to facts i thing is just a short FOMO witch today after CPI data came out will drag the price of the company down. The second big argument is that the...
Elon mentioned ARM in his AI discussion on Twitter last night as one of the leaders when he was discussing robotics. twitter.com (39:30 min mark) "Tesla uses a lot of ARM technology. Almost everyone does actually". ~Elon Musk Might be worth a look.
I fundamentally bullish on this company and think it might be a potential true-market leader in next market up-trend (if we see one in coming years). Structurally speaking, I may see full first impulsive structure completed with today's burst into the top border resistance zone for the final wave (c.v of 1). If this structure will prove to be correct,...
Getting into ARM now. Missed the move yesterday. Stops at 102. Will provide more details in next post. Goodluck!
In a staggering surge, Arm Holdings ( NASDAQ:ARM ), the British tech giant famed for its semiconductor designs, witnessed a remarkable uptick of over 45% in its stock value on Thursday. This meteoric rise was propelled by bullish forecasts, as clientele gear up to fashion cutting-edge chips tailored for artificial intelligence (AI) applications. With the quest for...