ARM Holdings ( 
ARM ) is forming a strong triple touch of support on the daily chart around the $104–$105 zone — three clean bounces off the same horizontal level without breaking lower, signaling solid buyer defense and seller exhaustion.
Adding confluence: bullish divergence on the 4H timeframe — price making lower lows while RSI/MACD making higher lows, classic momentum shift hinting at weakening downside pressure and potential reversal.
Recent pivot bottom buy signal (Jan 14/15) + oversold conditions.
If support holds, expect a bounce targeting $110–$120 initially (former resistance + measured move from the pattern).
Break above $108–$110 with volume would confirm the reversal.
Watch for a close above recent highs to flip the bias fully bullish — AI exposure still strong long-term. Pullback to $105 could be prime entry if it respects again.
Loading calls or shares here? Drop your levels below! #ARM #TripleBottom #BullishDivergence #SupportBounce #TechnicalAnalysis #TradingView
ARM ) is forming a strong triple touch of support on the daily chart around the $104–$105 zone — three clean bounces off the same horizontal level without breaking lower, signaling solid buyer defense and seller exhaustion.Adding confluence: bullish divergence on the 4H timeframe — price making lower lows while RSI/MACD making higher lows, classic momentum shift hinting at weakening downside pressure and potential reversal.
Recent pivot bottom buy signal (Jan 14/15) + oversold conditions.
If support holds, expect a bounce targeting $110–$120 initially (former resistance + measured move from the pattern).
Break above $108–$110 with volume would confirm the reversal.
Watch for a close above recent highs to flip the bias fully bullish — AI exposure still strong long-term. Pullback to $105 could be prime entry if it respects again.
Loading calls or shares here? Drop your levels below! #ARM #TripleBottom #BullishDivergence #SupportBounce #TechnicalAnalysis #TradingView
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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.