$ARM - RC -
Added 2024-10-15 11:19:53 +0000 UTCI am not a fan of $ARM, its $169 Billion market cap company which effectively do nothing but be a holding company.
The majority of their shares are held up too, meaning the low float can create wild swings and then can be dumped very easy if the supply is increased.
Potentially large head and shoulders pattern formed here too
Only way to break out of this is a run to the top blue line at $189.
Comments
Thanks a lot. Is there a specific reason why there are no waves numbers mentioned on the chart ?
Seb
2024-10-15 11:35:47 +0000 UTCI so agree 👍
DK
2024-10-15 11:28:09 +0000 UTC
