Arm Holdings (ARM) - LONG TRADE OUTLOOKMarket Overview
Arm Holdings (ARM) is gaining momentum, supported by a strategic Malaysia-Arm partnership that aims to drive semiconductor growth. Analysts from Hong Leong IB suggest that while the move may enhance innovation, the sector remains cyclical in the near term. Malaysian tech stocks are trading at high valuations, with a preference for semiconductor applications, foundries, and OSAT (Outsourced Semiconductor Assembly & Testing) companies.
Technical Outlook (15-Min Chart)
TP1 ($124.77) already achieved – confirming the uptrend.
Next targets:
TP2 ($129.21) – Expected to be reached soon.
TP3 ($133.65) – Key breakout level.
TP4 ($136.40) – Final resistance zone.
Entry ($122.03) is holding strong, with minimal retracement.
Stop-Loss ($119.81) remains untouched, indicating trade stability.
Key Technical Indicators:
Risological Trendline : The price remains above the trendline, reinforcing the bullish outlook.
Volume Analysis: Increasing volume aligns with price movement, confirming strength.
Trade Plan & Projection:
Holding Position: The trade remains in play with higher targets in sight.
Breakout Confirmation: A move above TP2 ($129.21) will likely trigger further upside.
Risk Management: Watch price action around TP3 ($133.65) for signs of resistance or consolidation.
Conclusion:
Arm Holdings is in a strong uptrend, supported by both technical strength and fundamental developments. With TP1 hit and the next targets approaching, traders should watch for continuation signals while managing risk near resistance levels.