ARM Holdings is sitting at a pivotal zone, and the next move could be brutal for one side of the market.
-If $133.53 breaks, momentum opens a slide toward $116, then $109, with $99 lurking as the deeper target.
-But if price can reclaim $173, the stage is set for a rally toward $213.
Here’s what makes this fascinating: most traders get tunnel vision on the current chop… while the real story is how violent ARM tends to move once it clears a range.
👉 The question isn’t if it moves, it’s which side gets trapped first.
How are you preparing for either outcome?
-If $133.53 breaks, momentum opens a slide toward $116, then $109, with $99 lurking as the deeper target.
-But if price can reclaim $173, the stage is set for a rally toward $213.
Here’s what makes this fascinating: most traders get tunnel vision on the current chop… while the real story is how violent ARM tends to move once it clears a range.
👉 The question isn’t if it moves, it’s which side gets trapped first.
How are you preparing for either outcome?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.