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.
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