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
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0.701 CHF
276.05 M CHF
2.92 B CHF
1.05 B
About Arm Holdings plc
Sector
Industry
CEO
Rene Anthony Andrada Haas
Website
Headquarters
Cambridge
Founded
2018
FIGI
BBG01JCZPNG1
Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries. The company was founded on November 12, 1990 and is headquartered in Cambridge, the United Kingdom.
ARM stock: long-term potentialIs the recent decline an opportunity for massive upward potential? 💡
ARM stock holds strong long-term potential, as evident from past price movements. Recent quarterly data suggests the stock has been oversold, creating a possible setup for a rebound. To regain momentum, the stock needs to maintain
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.