$Arm(ARM.US) rose slightly. The moving average structure remains bullish—the 50-day line (around 216.8) is firmly above the 200-day line (around 148.2). Since the low on June 10th, it has rebounded over 40%. However, the RSI has surged to around 78, indicating a clear overbought signal, making chasing highs less cost-effective. No substantial resistance has been encountered above; support for a pullback is seen near the short-term moving averages below. It's better to wait for a pullback for short-term long positions rather than chasing.

$Disney(DIS.US) fell slightly. The moving average structure is conversely bearish—long-term moving averages are above short-term ones. Resistance is around 102.66 above, support around 100.03 below. RSI at 44 is neutral, and the 3-month MACD gives a sell signal. Technically weak but without extreme signals, it's more like a lackluster sideways decline without a clear theme. It's better to wait for trend indicators to turn before short-term bargain hunting for a rebound.