ARM warning rank #46, social anomaly level 100/100 extremely high, sentiment polarization 50/100 moderate, linked to price breaking above 130 and possible support retest.
$ARM giving it all back after that rejection at the 0.786 Fibonacci. It could just be a back test of the $130 breakout zone, but with the way the market is trending I'm not so sure. https://t.co/xLaRN2N0Db
ARM pulled back after being denied at the 0.786 Fibonacci level, and the author remains cautious about market trends.
WilljayducksTA_AnalystTraderC
1.48K @willyjayducks
$ARM - I haven't been right about much lately, but at least I was on to something here. Didn't even take the trade because I was busy at work. Price smashed right into resistance (0.786 Fib). Good spot for profit taking, especially in a bloody market.
https://t.co/89z0daTQGq https://t.co/ubSC1x8oeR
WilljayducksTA_AnalystTraderC
1.48K @willyjayducks
$ARM breaking above $131 on a daily close is the long trigger for me. You can see price action bumping up on that resistance zone. 0.382 Fibonacci level giving confluence to the zone as also. Adding this to my watchlist. https://t.co/DcZ8n8qdK7