$ARM $MRAM Highlight Why Relative Strength Still Matters in This Tape

jfsrevg
05-21

$ARM Holdings(ARM)$ $Leverage Shares 2X Long ARM Daily ETF(ARMG)$

We’ve been focusing on leadership names that can either move sideways or pull back lightly while allowing the 50-MA to catch up to within 4x ATR% from the 50-MA, and setup for a low risk entry.

Those are areas and inflection point that present the biggest RRR opportunity imo. Still only T+0, but market has been pretty resilient.

ARMG Huge +29% move with 117% RVOL in 90mins for a 222B market cap in ARM

$Everspin Technologies Inc(MRAM)$

so May 13th was the exact top that I shared below. wanted a few more up days but parabolic screener is doing well even with tight filter of only 2 results in MRAM and $ROBINHOOD VENTURES FD I(RVI)$ over the past 7 session

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