I'm betting on a swing long on ARM. I think the dip that happened on Tuesday may be the low that has kickstarted the next stage push for this stock, following the the enormous volume supported move that occurred after earnings in February.
1st Target : $145
2nd Target : $150+ breakout
Stop loss : I am personally keeping it tight at around $131, choosing to re-enter if it setups up again later.
1st Target : $145
2nd Target : $150+ breakout
Stop loss : I am personally keeping it tight at around $131, choosing to re-enter if it setups up again later.
Comment:
And Bingo was his name-o! $145 target hit today.