Brokerage was offering heavy margin on this security on Friday, so I knew the drop was in order but ARM had nice close out to the week despite the drop as it was less than 2% drop on Friday which is a break in the descending trend. Expect next week to gain spot $55+. Gov shutdown possibly looms but with the right timing can be lucrative trade. On watch for a push green.
You want to invest in a very undervalued semiconductor play? Look at DAIO, with solid double digit growth.
I’m down 22% right now but I’m not concerned even great companies realize haircuts for no apparent reason.
This company is not going anywhere, it has a solid business model with a wide moat! $ARM Holdings Ltd(ARM)$
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