Arm Holdings (ARMH) took a drubbing yesterday from comments by Goldman and JP Morgan.
The Technical Analysis screen of the ZYX Change Method is showing a bounce is likely, at least in the very short term. Very short term traders can take advantage of the bounce by trading from the long side. Tentative short term target is $27.45.
Our long term view on Arm Holdings is positive, however at this time, all six screens of the ZYX Change Method are not satisfied to take a long position. The secret to our record of 163 winning trades and only 10 losing trades has been the rigorous discipline imposed by the ZYX Change Method. Every closed trade since inception in 2007, without exception, is included in the performance record.
Subscribers to the ZYX BUY CHANGE ALERT will receive a precise buy signal on ARMH when all six screens of the ZYX Change Method are met.
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THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
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