ARM is way overvalued and the technicals don't look great.
Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket.
I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall.
Not a whole lot more to say here, be careful with this stock. It's a great company but it's mostly owned by Softbank and when they decide to sell it will cause a massive drop in price.
Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket.
I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall.
Not a whole lot more to say here, be careful with this stock. It's a great company but it's mostly owned by Softbank and when they decide to sell it will cause a massive drop in price.
交易進行
Gap filled at $80. Entered a long position. Patience pays!交易結束：目標達成
$165 - more than doubled my money on this trade. Time to take profits!
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