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Curious that $
should be up over 1.5% during today's general horribleness - especially as $
:ARM ended down nearly 2% ...
Eh, dead cat bounce...
I am hoping it tests the 200 DMA...if it fails, I go back in :)
Probably a decent short-term trade. Support seems to be around the 1-yr ma. Given today's support, I'd guess that will hold thru earnings.
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ARM Holdings, plc
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From other sites
ARM Holdings (ARMH) Sold to Japan-based SoftBank
at Zacks.com (Jul 20, 2016)
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SoftBank to Buy ARM Holdings for $32.2 Billion
at Investopedia (Jul 18, 2016)
Why is ARM Holdings (ARMH) up 42% Today?
at Zacks.com (Jul 18, 2016)
Mid-Day Market Update: ARM Holdings Surges On Softbank Acquisition; Ferro Shares Slide
at Benzinga (Jul 18, 2016)