6 Month Chart:
All-Time Chart:
ARM Holdings plc (ARMH) is a dot com darling survivor. Its recent action has put it at levels not seen since 2000. ARMH is reaching Tier 2 Resistance level of $40.39 that could pose as a threat in the near terms to push the stock back to it's Trend Line as it's caught in forming a bullish pennant flag. Being that the stock is a little rich here and is currently being overextended, the caution flag should go up and tight stops should be assessed. Next Wednesday, January 14, is a big day as earning season kicks off.
