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Time to refocus on Arm again for 1st target price $200.00 New target price 1 $ 200.00 and $265.00 History high 165.00 broke in June and pull back, momentum gain back again after the deep retracement @ $95.00 recently. A long term bull run is getting clear with the VCP charting pattern The volume profile see big support around $125.00, this is good sign RSI is turning up above 50, bullish signal Vol increase divergence is seen during peak of June retracement for 3 weeks, this fulfill a strong up trend of ARM
NASDAQ:ARM
by SASSA39
ARMIPO BASE Companies making initial public offerings draw a lot of investor attention. That often results in unusual and brand-new chart patterns. Volatility can rise as investors size up demand for the new stock. Yet there are opportunities in these cases, if you can spot the correct characteristics amid the price-and-volume action. The framework of a good IPO base is simple. The decline from peak to low usually doesn't top 20%, but the most volatile markets have produced declines of up to 50%. The length is often less than five weeks and can be as short as seven days. These two factors alone make IPO bases wayward cousins compared with proper bases, such as the cup with handle and flat base, which need at least five to seven weeks of work.
NASDAQ:ARMLong
by lokeshparihar
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