Buy Idea – ARM Holdings (ARM)
• Current price: $131.73
• First target: $135
• Second target: $140
• Stop loss: $128
The stock is trading sideways but is close to a support level at $128. If the price holds above $130 and trading volume picks up, it could move toward the next targets. ARM is a well-known company in chip design used in smartphones and other devices.
Plan: Consider buying gradually at current levels, targeting a medium-term rise.
• Current price: $131.73
• First target: $135
• Second target: $140
• Stop loss: $128
The stock is trading sideways but is close to a support level at $128. If the price holds above $130 and trading volume picks up, it could move toward the next targets. ARM is a well-known company in chip design used in smartphones and other devices.
Plan: Consider buying gradually at current levels, targeting a medium-term rise.
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.