old support was broken @ 39cents some time ago to fall to 32cents which has been the lowest support level hit.
It has bounced from that support level to break thru resistance at 39cents to reach 45 and then to fall back intraday yesterday and hit the 39 mark.
All technical parameters on the daily are favourable at the moment and buyers should be happy with a strong risk to reward ratio with a buy close to the 39cent mark.
A fall thru 39 is an exit....
Gotta love the support levels......
Cheers
ARM Price at posting:
41.0¢ Sentiment: None Disclosure: Not Held
