Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel

Arm Holdings (ARM) is Presenting a 25%+ Long Trade Opportunity

In Discord I have been emphasizing that ARM is likely to drop below it IPO price (marked by the orange trendline) and form a bottom below. That scenario has played out with ARM dropping below the orange trendline and now ARM has seemingly bottomed out at $50 (marked by the yellow trendline). The ideal entry would have been at $50, but ARM is pumping and still presenting a 25%+ long trade setup to its local highs at $68.72. I think there will be some short-term pullback to $52-53 price levels for the best entry there.

TradingView Chart:

Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

How Keep Your Money and Combat Inflation

Rising prices due to inflation can put a strain on your budget and savings. When the cost of goods and services increases, your money doesn’t stretch as far. This erosion of purchasing power makes it harder to maintain your standard of living. However, by understanding how inflation works and taking proactive steps, you can mitigate […]

Read More
Default Thumbnail

Beyond Jobs: Why Recent Employment Figures May Not Sway the Fed

These past few days have been quite uncertain, especially regarding what is in store for interest rates in the U.S. But with the latest news revealing that nonfarm payrolls surged by a hefty 303,000 in March, beating expectations and showing a significant jump from the previous month, and with the unemployment rate holding steady at […]

Read More
Default Thumbnail

Against The Tide: The Contrarian View On Fed Rate Cuts

Following the Federal Reserve’s recent decision to keep rates unchanged and the suggestion of future rate cuts later in the year, there’s been a prevailing sense of optimism among many investors, with reassurances that these anticipated rate cuts will materialize eventually. However, Vanguard is offering a different view point as they are suggesting that the […]

Read More