Secured +10% on ARM, kept under 1/2 position. ⚠️ LOW FLOATER
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For bulls and bears alike, remember this is a LOW FLOAT. If you are shorting this stock when shares are available to borrow, remember it has a 9.3% float, is the most anticipated IPO in a while, and has clients like NVDAAAPLGOOGAMDINTCTSM and the list goes on.
That being said, if I see +10% in 10 minutes, I must sell at least 1/2 my position. Got in @ 55.XX, out at 61.XX right when I saw the 9% and 10% print.
If it goes to 100, 200, 300, I really wouldn't care because I followed my rules.
Good luck trading. Remember to create a plan and follow it. That's the only way you'll be a consistent trader.
When there's not enough data, you can use a smaller time frame for reference.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.