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ARM March 15, 24: A Symmetrical Triangle?
Arm Holdings plc
Long
ARM March 15, 24: A Symmetrical Triangle?
By longsonvn
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Updated
Mar 27
3
Mar 16
On March 15, 24, I am looking to trade
ARM
using this symmetrical triangle/bullish pennant pattern.
A move up piercing the upper trendline will present a buy signal, with volume confirmation on break out.
Mar 27
Trade closed manually
The stock indeed moved out of this pattern but failed to move up further. I closed the trade on March 27, 24/
Bullish Pennant
Chart Patterns
followthetrend
Symmetrical Triangle
Trend Analysis
longsonvn
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