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Can i check what is a good entry point for ARM?
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Based on the information provided, the target price for ARM Holdings Ltd is $46.0, according to one analyst. The latest price of ARM is $54.8999. The support price is $55.62, and the resistance price is $60.82. The average cost is $61.41. The capital flow data shows a big inflow of $40.11M and a big outflow of $78.68M in one day. In the past 5 days, the capital flow has been fluctuating.
In terms of news sentiment, there is bullish news about ARM's successful debut on the NASDAQ. However, there is no specific bearish news mentioned in the context.
Based on the articles, it is suggested that potential ARM investors may want to consider an entry point below the targeted valuation range of $50-$55 billion. If the valuation exceeds this range, it may be advisable to wait for a more advantageous entry point.
In summary, based on the information provided, a good entry point for ARM would be below the targeted valuation range of $50-$55 billion.
Reference articles:
Tech Edge’s Jannarone: Arm’s Successful Debut Clears Way for More Deals – Cheddar TV
Arm IPO: How The Failed Nvidia Takeover Affects The Upcoming Offering
Arm IPO: Should You Buy ARM Stock? | Kiplinger
Arm IPO: What you need to know and how you can buy the stock - Yahoo News
Arm IPO: Should you buy shares? Here's what 4 analysts are saying - CNBC