squeezing in to force breakaway hanging in thereThe bullish rhetoric, visual and in distinctive fashion, looks to break from the earlier resistance, forcing it to make new highs; the indicators aren't even overloaded.
ARM trade ideas
Large Drop Incoming?Head and Shoulders almost confirmed. If we lose that 0.382 Fibonacci support I think this will drop quite bad. Not a fan of any stock largely owned by a bank looking to ramp up valuation to unload onto retail.
Not financial advice, do what’s best for you.
$ARM - stock below trendline support. resistance at $145ARM - stock looking weak going into earnings next week as it break below trendline support. Stock needs to get back above $145 to be back in uptrend. looking for puts if $140 fails for a move to $135 and $120. If $145 breaks we can see $160 and higher.
POTENTIAL squeeze breakout to and beyond, as we narrowCrossover MACD (not usually high-level confirmation) but other indicators following suit, catalyst came in sound, and no surprises in guidance. Expecting to see the momentum follow through with all the data.
ARM eyes on $160 above, $115 below: Major levels into Earnings ARM has been recovering from a good correction.
Currently testing a key zone just before earnings.
Today's report will determine trend for a while.
$ 144.43 - 145.47 is the "Decision Zone"
$ 159.02 - 161.25 is "Major Resistance" above.
$ 115.21 - 117.36 is "Major Support" below.
See "Related Publications" below for other Chip stocks
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ARM LONGWe have three chartist patterns here:
1- An ascending channel. It's top (yellow) it's still giving the price more space to go up.
2- Up trendline (orange). It has been touched and respected three times and that means that the bullish trendline is powerful.
3- Symmetrical triangle pattern. We have to put attention to it, because if price breaks to the upside, then it will fuel a rally to the targets given below.
The target is 164.16 and then 174.81 or so. Finally the all-time highs at 182.65.
Also, fundamentals are currently bullish for semiconductors.
ARM - bounce now or go lowerhi traders
ARM has been in an uptrend and now the price is retesting the upsloping support.
The idea is to play the trend continuation.
Buy at the support now and sell the previous local high around 164.
Stop loss may be placed around 131,67
The RSI is in the neutral zone.
Good luck
(ARM) arm holdings plcArm semiconductors looks like real prospect for long term investment strategy based investors similar to NVidia, intel, and major computer companies. I kind of figured this would happened and yet I stayed away from stocks in favor of cryptocurrency. ARM is a strong contendor for future gains up to $1000 (*speculation) and stock splits followed by gains and stock splits and the future is endless.
Arm Holding ,,, BreakoutUptrend
It was a good breakout of a major price level by a bullish candle. There is a multitouch ascending trend line, but I do not suppose it causes trouble for rising. Next target will be about 189 and as always set up a sure SL for your position based on your strategy. Good luck.
$ARM stock ready for a move to upsideNASDAQ:ARM Stock is consolidating in a very tight range. Ready for breakout. Alert at $150
Head and Shoulder Look But....NASDAQ:ARM busting through this $152 area will negate that head and shoulders top look.
Wedging up on that right shoulder so not a breakout I would be interested to buy here. Just watching to see how this resolves and for #feedback
Arm Holdings (ARM) - Head and Shoulders Pattern, Target $78-$94Overview: Arm Holdings (NASDAQ: ARM) is forming a classic Head and Shoulders pattern, a bearish reversal pattern that signals a potential drop in price. The pattern is visible with a left shoulder, head, and right shoulder clearly defined. The neckline support is around the $140 area.
Technical Setup:
Pattern: Head and Shoulders
Breakdown Level (Neckline): ~$140
Target Zone: $78 - $94, as projected from the height of the head to the neckline
Key Resistance: $164 level (former high)
Earnings Catalyst: With earnings approaching, the release could act as a potential catalyst to expedite the completion of this pattern, either causing a breakdown below the neckline or a temporary rebound before further selling pressure.
Price Action:
A breakdown below the neckline could see the price falling to the target zone of $78 to $94.
Watch for any bounce around the neckline, which might offer a better risk/reward entry on confirmation of the pattern's completion.
Risk Management:
A daily close above the right shoulder (~$148) would invalidate the pattern and warrant a reevaluation of the setup.
ARM LONG? SHORT?Follower requested ARM analyze! if you want also you can DM .
We are in critical point in the structure, where it determines if we are going up or down.
must watch closely in the upcoming week to see how it behaves below the line, if we retest the line again and fail we will go and retest the red area below 126-134.
And if the red line area fails-> we will be going lower and out structure would be in this case distribution.
Else we must see the price breakout of the upper line, it can continue up or retest the line.
SL BELOW 126$
TARGET 173$-187$
* will update if there is any change in sentiment of the structure
* for any question drop them below, and HIT THE FOLLOW BUTTON
ARM breakdown ARM
134.50 Short
132/128/125/120/115 can test soon
trendline breakdown possible
perfect bear flag
ready to go back to 120, head & shouldersThese are all overbought signals. There is nothing new in 10k; the catalyst does have a better outlook than some sector competitors. I'm watching the bearish move closely.
Broke out on area of resistance area for reversal 160No indication of a reversal, with good fundamentals, guidance, and work on growth. I don't think the catalyst of being turned down by Intel will have much impact; waiting for a sign to retrace.
ARM Short . US Stock122 below weak , already tl break
if yesterday low below sustain then very weak
121/119/116/114/112 target
ARM breaking out?On 24HR timeframe Arm closing out of box at 136.73 will continue 163.40 retesting that floor. Or we break 128 and continue down.
ARM looking weakARM is way overvalued and the technicals don't look great.
Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket.
I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall.
Not a whole lot more to say here, be careful with this stock. It's a great company but it's mostly owned by Softbank and when they decide to sell it will cause a massive drop in price.
