Arm Holdings plcLong
ARM - Uptrend & Breakout
TREND
Current wave structure: Uptrend.
Break out of the falling trendline cancels the head and shoulders formation.
Moving Averages
The current price is over 20-day (Red).
20-day has just crossed 50-day (Orange) and 100-day (Turquoise) together (so supports uptrend)
SUMMARY
Based on this analysis, a price action following the blue arrow is highly probable.
Current wave structure: Uptrend.
Break out of the falling trendline cancels the head and shoulders formation.
Moving Averages
The current price is over 20-day (Red).
20-day has just crossed 50-day (Orange) and 100-day (Turquoise) together (so supports uptrend)
SUMMARY
Based on this analysis, a price action following the blue arrow is highly probable.
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.