just4tradin

ARM - Momentum trade

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just4tradin アップデート済   
NASDAQ:ARM   Arm Holdings plc
SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO.

I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped.

Below is the trade plan for commons, If you are trading options, have a tight stop loss.

Long between 137-145
Stop Loss - 130

Target #1 154
Target #2 172

Target #3 186, after a pullback.
トレード稼働中:
It's tight , We can see some huge volatility next week on this name with ARM lockup expiry. Everyone is betting on that.

This can go big either way .. Up or Down

コメント:
Make or break day tmrw.

If dumps heavy, I’m prepared to switch the trade to short side.

トレード稼働中:
Going good so far. This need to get over 135 for the party to continue.

コメント:
I’m getting negative vibes with this price action. Either it’s gonna fake out and rally or flush down heavy back to 100’s.

A negative scenario- just in case, flip to short if it breaks to the downside.

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