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Arm Holdings plc
Long

Buy the breakout on ARM

By novamatic
Updated
Arm has been trading very technical. You can see we pinned the 61.8 retrace on the lower trendline and recently tested it, again, at the 382 (also on trendline). if we break down, target is 50% retrace level at $113. you can see the upside targets if we break up.
Trade active
AVGO earnings after the bell are likely going to move ARM, one way or another
Note
No breakout, no buy. This could just as easily go the other way. keep watching.
Chart PatternsTechnical IndicatorsTrend Analysis
novamatic

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