@801010athlete $ARM flushing 11%. Not to worry. This is part of the QCOM dynamic from 1999. On 9/1/1999 QCOM was down 12% to $21. It took another 2 weeks to complete 23% pullback. Stock went up 5x from there in four months
@801010athlete Nice thing is $QCOM at this point was 58% above 50sma. But 5 weeks later stock was at same level (after nasty 3 week 28% drawdown from $14.34 back to $12.35) and briefly came within a hair intraday of touching 50 sma on 5/26/99. So letโs hope $ARM also consolidates for 4-5 weeks
@Scot1andT@RealSimpleAriel $CRCL was an important short-lived exception. $31 offer price.
Opened at $69 and closed at $83. 11 trading days later it hit $299. It then faded over 8 months to $50 low๐๐
Is now the time to buy $CBRS? Itโs 70% above $185 offer.
First day dynamics rhyming with $CRCL opening last year which then tripled in 3 weeks.
@RoyLMattox@WesleyJMattox