NVIDIA$Arm(ARM.US)
I have been watching Arm Holdings plc and the chart looks like it is stabilizing after some choppy moves. Price has been moving in a range around 140 to 150, and I feel like buyers are slowly stepping in. If it holds this area, there could be a mild push higher, but volume is not strong so I would not expect a big breakout yet.
On the fundamental side, I still like the long term story with its strong position in mobile chips and growing AI demand. The business model brings steady revenue, which I think is a plus. That said, valuation feels a bit high to me, so I prefer to wait for dips instead of chasing.
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