Arm Holdings plc
Long
Updated

Easy Play on ARM

1 263
Today, we have our easy play on ARM. As you may have seen from my ideas, they always hit the mark. Whether it's skill or luck, we may never know. However, Tesla, ASML, Apple (twice), Nvidia, JD.com, and the Hang Seng have brought us great satisfaction this year. But the winner is SMCI (Super Micro Computer), which gave us an 80% gain in short and a 160% gain in long positions. My ideas were the only ones on TradingView that truly thought outside the box.

With ARM, we'll do the same: keeping it simple. It’s forming a symmetrical triangle both on price and on OBV and RSI. We'll buy at a steep discount and sell when everyone else is buying at the highs. Stay tuned for updates on ARM—if I think the idea is no longer valid, I'll cancel the trade!

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Note
still safe don't worry!
Trade active
nice setup on a ARM, we are also long on KLA, ASML for a mid-term trade, wanna support me or ask me something? ko-fi.com/averagetrader00
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the chart of the idea is bugged. The support line of the triangle is not 109.19 ,132.11 but 97.84 instead and 123,27 sorry for the mistake. So the idea is strong and solid! NO BREAKOUT, i can't upload any pitcure because i'm not premium , but for me premium is for loosers!
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the trade is perfectly in line, profits are coming

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