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Undercut & Rally - Arm Holdings (ARM)

AI Meme stock and big-stock semiconductor Arm Holdings (ARM) is attempting to post a moving average undercut & rally move along its 20-dema after retreating  from news highs yesterday. As long as this hold 20-dema support it is an actionable long entry based on the MAU&R and using the 20-day line as a tight selling guide. If it should fail to hold 20-dema, then it could easily flip to becoming a short-sale target at which point the 20-day line would be used as a tight covering guide. As we say, play it as it lies.
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