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Arm Holdings (ARM) surged on Wednesday on strong revenue guidance through 2031. Tom White points out that shares still have room to break out when turning to the 3-year chart, though the stock faces technical pressure with an overbought RSI. He explains how technicals back key support and resistance levels while offering an example options trade for Arm.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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By Schwab NetworkArm Holdings (ARM) surged on Wednesday on strong revenue guidance through 2031. Tom White points out that shares still have room to break out when turning to the 3-year chart, though the stock faces technical pressure with an overbought RSI. He explains how technicals back key support and resistance levels while offering an example options trade for Arm.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about