ARM - Momentum trade

3月4日

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.

3月7日

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

3月11日

ノート

Make or break day tmrw.

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

3月13日

トレード稼働中

Going good so far. This need to get over 135 for the party to continue.

3月19日

ノート

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.