Yes the chartists are proving fairly accurate with this one- although I mostly believe a company is results driven and you can through most charts out the window. With a play like ARM with very few ANNs and a long time between drinks charts are more accurate.
Yet if they ANNed many over >40% Mg areas tomorrow, then throw the charts out the window. Same is worst than expected news.
Cash value matters- results matter- charts are a small guide of current sentiment IMO.
ARM Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held
