ARM April 17, 2024: Sell Signal Below the MA-50On April 17, 2024, NASDAQ:ARM broke down the support AND its MA-50 which is a sell signal.
We can observe similar break-down pattern in $NASDAQ:ASML.
ARM trade ideas
Interesting price action for ARMARM is maintaining its value even when the rest of the market is down. Wondering if the insiders aren't selling -- anticipating a big popup.
ARM about to pop one more time?ARM may be finishing up its 4th wave in an ABCDE correction.
Confirmation that the 5th wave has started would be received with a close of the candle above the descending trendline.
The 5th wave would potentially target the $200 level.
This idea will be invalidated should price break below $121.49.
ARM March 15, 24: A Symmetrical Triangle?On March 15, 24, I am looking to trade NASDAQ:ARM using this symmetrical triangle/bullish pennant pattern.
A move up piercing the upper trendline will present a buy signal, with volume confirmation on break out.
ARM - Long SwingI'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.
ARM Flag Breakout After ConsolidationARM is looking to break out of a bull flag after a month of sideways action. Bounced off the 20 EMA and looking to head back to the highs as the market rotates back into semis. First target $150.
HOW TO SET *** TRAILING *** STOP LOSSES ON TRADINGVIEWThis one is a bit of a hack but follows on from my video on how to set STOP LOSSES on TradingView for Connected Brokers.
To set a TRAILLING STOP LOSS you need to open your broker account, set the trade there and it will then be reflected on the TradingView interface.
Basically a set and forget type approach.
HOW TO SET TAKE PROFIT AND STOP LOSSES ON CONNECTED BROKERSOne of the best features of TradingView is all the connected brokers and how you can not only place, but also move any take profit and stop losses around on the screen to match what you are seeing on your various indicators or support levels.
Video also covers a way to gracefully exit out of a trade bit by bit if you are already up a long way and want to protect your profit by selling a little bit at a time instead of the whole lot if the price starts coming down.
It's very cool.
ARM - Momentum trade SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO.
I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped.
Below is the trade plan for commons, If you are trading options, have a tight stop loss.
Long between 137-145
Stop Loss - 130
Target #1 154
Target #2 172
Target #3 186, after a pullback.
Bull flag set up to rallywave 2 correction seems finished and is about to rally soon, if not tomorrow NASDAQ:ARM
Members Daily Analysis March 14Op Ex tomorrow : $5 Trillion expiring.
PPI comes in hot: confirming inflation trend.
Markets sold off: Small caps slaughtered.
Dollar, Yields, Oil, Vix all spiked today.
NOT a bull flag, expect more downsideThe idea that ARM was doing a bull flag is now invalidated after the Feb 20 low pivot in RSI has been taken in the last drop. Expect a bounce and then more downside.
$ARM lockup expiration could put pressure to the stock NASDAQ:ARM IPO lockup period, prohibiting insiders from selling stock, is set to expire on March 12, 2024. This could put pressure on the stock, particularly if NASDAQ:NVDA is becoming more volatile and moving towards its support around $800-780. This could put NASDAQ:ARM investors under psychological pressure to put some of the stock into the market. Let's see how this plays out.
$ARM supply and demand zonesNote the two zones where NASDAQ:ARM is bouncing around. Getting lower sell point as it reaches the sell or supply zone which means sellers are drying up.
ARM is poised for a take offI spotted a bullish pennant, hinting at an upcoming price surge for ARM stock. However, caution is advised as the lock-out period ends on March 12, which might introduce volatility due to potential selling pressure. Keep an eye on this opportunity, but be prepared for any market reaction.
Arm Holdings: Exploring the Range After Explosive RallyArm Holdings (ARM): Decoding the Recent Surge
The recent exponential surge in the share price of chip maker Arm underscores the fevered speculation gripping the AI sector. Arm, despite not being directly involved in AI, has become a focal point of attention due to its strategic moves in diversification, particularly in markets like automotive, and the sale of subsystem licenses for integrated chip designs.
In Q3, Arm posted impressive numbers, with a 12% surge in headline revenue, reaching $470 million. The Chinese market played a significant role, contributing to a 28% jump in revenue driven by premium smartphones featuring generative AI. The potential for increased royalty rates has further fuelled the positive outlook for Arm.
While there are concerns about Arm's high valuation, with a forward earnings multiple of 85, investor optimism persists. This confidence is anchored in Arm's aggressive growth objectives and its pivotal role in the AI and chip design industries, placing the company at the centre of speculative interest.
Playing the Range: Short-Term Traders on Alert
Arm's post-earnings exponential rally, marked by a gap above January highs and a doubling of share prices, raised eyebrows. However, recent sessions have seen the stock cool off, consolidating within a tight range. This well-defined range presents short-term traders with opportunities:
Bullish Scenario: A decisive breakout above the range, accompanied by high volume, could lead to a retest of recent trend highs.
Bearish Scenario: A decisive break below range could see prices retreat back to a short-term mean such as the 50MA – a level which is confluent with the broken January highs.
The risk/reward ratio is favourable in both scenarios, offering short-term traders’ opportunities to leverage lower timeframes like the hourly candle chart to time potential breakouts.
Arm Holdings (ARM): Daily Candle Chart
Past performance is not a reliable indicator of future results
Arm Holdings (ARM): Hourly Candle Chart
Past performance is not a reliable indicator of future results
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ARM Double Inside Day CandlesARM is working on a double inside day after the massive run up. Tightening now and looks ready to explode higher tomorrow. A red to green open tomorrow could be perfect!
ARM HoldingMy thoughts are that many have not understand that the company have nothing to do with AI, is not a draging up sector company.
The company have 2 divisions: 1 design chip and the 2 is licensing.
Based on those to facts i thing is just a short FOMO witch today after CPI data came out will drag the price of the company down. The second big argument is that the hike come based on IPO and noisy retail investors.
I personally expect a big correction to 100$.
Big up Guys!
ARM Holdings - Got a strong mention in Elons AI interview.Elon mentioned ARM in his AI discussion on Twitter last night as one of the leaders when he was discussing robotics.
twitter.com (39:30 min mark)
"Tesla uses a lot of ARM technology. Almost everyone does actually". ~Elon Musk
Might be worth a look.
ARM: Pull-back before next leg-upI fundamentally bullish on this company and think it might be a potential true-market leader in next market up-trend (if we see one in coming years).
Structurally speaking, I may see full first impulsive structure completed with today's burst into the top border resistance zone for the final wave (c.v of 1).
If this structure will prove to be correct, classical support area for potential correction: 61-55 area.
If price follows through to the upside and closes above todays highs, then next resistance level is: 75-81 zone. Moving above 81 will be a sign to re-consider suggested price structure.
Thank you for your attention!
ARM - AI playGetting into ARM now.
Missed the move yesterday.
Stops at 102.
Will provide more details in next post.
Goodluck!
ARM Holdings Surges Over 45% on Strong AI Chip ForecastsIn a staggering surge, Arm Holdings ( NASDAQ:ARM ), the British tech giant famed for its semiconductor designs, witnessed a remarkable uptick of over 45% in its stock value on Thursday. This meteoric rise was propelled by bullish forecasts, as clientele gear up to fashion cutting-edge chips tailored for artificial intelligence (AI) applications. With the quest for AI-powered devices intensifying, Arm stands at the forefront, poised to reap the rewards of this burgeoning market.
Embracing the AI Revolution
Arm's ascent stems from its pivotal role in furnishing blueprints and intellectual property crucial for crafting the chips omnipresent in today's mobile phones, notably Apple's iconic devices. The company's trajectory has been deeply intertwined with the surge in demand for AI-centric technologies, with customers increasingly gravitating towards Arm's offerings to fuel their innovation in this domain.
Unveiling a Paradigm Shift
Arm's executives unveiled a strategic shift, highlighting the surge in clientele opting for Arm-based central processors in tandem with Nvidia's chips for AI-centric endeavors in data centers. Moreover, Arm's foray into developing AI-enabled laptops and smartphones underscores its commitment to pioneering advancements in consumer electronics. By leveraging its unique model of creating and licensing semiconductor designs, Arm has managed to scale rapidly while maintaining a lean operational footprint.
Supercharging Growth Through AI
Investment pundits underscore the symbiotic relationship between Arm and the AI boom, emphasizing how the company's revenue streams are poised for exponential growth fueled by the AI revolution. Notably, Arm's ability to deliver substantial royalty and licensing revenue reflects its adaptability and resilience in harnessing emerging technological trends.
Market Dynamics and Valuation
Amidst this fervor, market dynamics come into play, with Arm's valuation reflecting its elevated standing in the tech landscape. Trading at 56.46 times its 12-month forward earnings estimates, Arm's valuation surpasses that of industry stalwarts like Nvidia and Advanced Micro Devices. However, its low-float status renders it susceptible to pronounced market fluctuations, underscoring the need for cautious investor scrutiny amidst this period of exuberance.
In essence, Arm Holdings' ( NASDAQ:ARM ) remarkable surge epitomizes the symbiotic relationship between technological innovation and market dynamism, as it harnesses the power of AI to propel itself into uncharted territories of growth and prosperity.
