$ARM lockup expiration could put pressure to the stock

ARM IPO lockup period, prohibiting insiders from selling stock, is set to expire on March 12, 2024. This could put pressure on the stock, particularly if NVDA is becoming more volatile and moving towards its support around $800-780. This could put ARM investors under psychological pressure to put some of the stock into the market. Let's see how this plays out.
Chart Patterns

Also on:

Disclaimer